Write a 700-word essay that answers the questions below:
6-1 (Objective 6-1) State the objective of the audit of financial statements. In general terms, how do auditors meet that objective?
6-2 (Objectives 6-2, 6-3) Distinguish between management’s and the auditor’s responsibility for the financial statements being audited.
6-3 (Objective 6-3) Distinguish between the terms errors and fraud. What is the auditor’s responsibility for finding each?
6-4 (Objective 6-3) Distinguish between fraudulent financial reporting and misappropriation of assets. Discuss the likely difference between these two types of fraud on the fair presentation of financial statements.
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APA
783 words