Advanced Auditing, Assurance and Professional Ethics - December 2021

Co., Chartered Accountants were auditors of PC limited for the financial year course of audit, one of the partners CA. Kumar ODS" | misappropriation of assets in the form of theft of entity’s invention ane R, is perpetrated by employees in relatively small and immaterial ey * amounts. CA. Kumar is concetned with the existence of certain circumstances for increasing the susceptibility of assets to misappropriation. Guide CA. Kumar with respect to Risk fa arising from misappropriation of assets with…