Auditing Standard ASA 240 The Auditor's Responsibilities Relating to Fraud in an Audit of a Financial Report (October 2025)
Examples of Possible Audit Procedures toExamples of Possible Audit Procedures to Address the Assessed Risks of Material Misstatement Due to Fraud
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Examples of Possible Audit Procedures to Address the Assessed Risks of Material Misstatement Due to Fraud
The following are examples of possible audit procedures to address the assessed risks of material misstatement due to fraud resulting from both fraudulent financial reporting and misappropriation of assets. Although these procedures cover a broad range of situations, they are only examples and, accordingly they may not be the most appropriate nor necessary in each circumstance. Also, the order of the procedures provided is not intended to reflect their relative importance.