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The Audting Standards Board is issuing this proposed statement on auditing standards: (1) To clarify the auditor's responsibility for detecting illegal acts and for communicating them to parties inside and outside the entity; and (2) To ensure that the audit committee or its equivalent is informed about illegal acts that come to the auditor's attention. Language : eng
Auditors' reports --Standards -- United States; Auditors -- Legal status, laws, etc. -- United States
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Board, "Proposed statement on auditing standards : illegal acts by clients;Illegal acts by clients; Exposure draft (American Institute of Certified Public Accountants), 1987, Feb. 14" (1987). Statements of Position. 499.