Download Full Text (1.4 MB)
This Statement provides guidance on the independent auditor's responsibility for detecting errors or irregularities when making an examination of financial statements in accordance with generally accepted auditing standards. It also discusses procedures that the auditor should perform when his examination indicates that material errors or irregularities may exist.
Auditing -- Standards -- United States; Auditors -- Professional ethics -- Standards -- United States; Fraud
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Executive Committee, "Independent auditor's responsibility for the detection of errors or irregularities; Statement on auditing standards, 016" (1977). Statements on Auditing Standards. 13.