![]() Audit, Auditing, Auditor's report 2015 Words 6 Pages. Also, the audit was closely supervised by senior partners who thought their firm's integrity was at stake. Something important from all accountants: the assurance that practicing or teaching others to practice accounting is an honorable way to spend one's life (Williams 2003).' The traditional audit involved many time consuming practices that increased the likelihood of detecting fraud, such as site visits to multiple locations, observation of assets, and random sampling of non-material levels.
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