Forensic Accounting

Category - Specialized Forensic Knowledge

Who is, primarily, vested with the responsibility to unearth financial statement misstatements?
  1. Shareholders
  2. Company director
  3. General public
  4. Auditor
Explanation
Answer: D - Financial statement misstatements can significantly impact the entire financial environment. Such misstatements are to be overcome, and the auditors are responsible for doing so up to a certain extent.
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