Respuesta :
The best course of action which is suitable for the is auditor to take is to Document the identified finding in the audit report.
Who is auditor?
- The client who is the subject of the audit engages an objective party termed as an external auditor or statutory auditor to render an opinion on whether the company's financial statements are free from material misstatements, including those brought on by fraud or error.
- For publicly traded firms, external auditors may also be required to render a judgment on the effectiveness of internal controls over financial reporting.
- External auditors may also perform other predetermined tasks that are linked to or unrelated to financial reporting. Most importantly, despite being employed and paid by the company they audit, external auditors should be regarded as objective.
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