Basis for Conclusions: ISA 240, The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements

This ISA deals with the auditor's responsibilities relating to fraud in an audit of financial statements. Specifically, it expands on how ISA 315 and ISA 330 are to be applied in relation to risks of material misstatement due to fraud.

Basis for Conclusions: Clarity (Issued December 2006) (PDF | 148K)

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