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Describe the auditor's responsibility for discovering illegal acts. What barriers do you see in terms of your ability to accurately uncover fraud? What are the sources of the barriers? If possible, would you eliminate the barriers? If so, why?

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Describe the auditor's responsibility for discovering illegal acts. What barriers do you see in terms of your ability to accurately uncover fraud? What are the sources of the barriers? If possible, would you eliminate the barriers? If so, why?

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Describe the auditor's responsibility for discovering illegal acts. What barriers do you see in terms of your ability to accurately uncover fraud? What are the sources of the barriers? If possible, would you eliminate the barriers? If so, why?

The auditor definitely has an obligation to uncover any detectable illegal acts. One of the biggest issues in the auditing field is that when a company either goes under, or once it is made public that fraud has been uncovered at the company, generally by either the SEC or another officiating body, the first question the public asks is, "Why didn't ...

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