Q: Would an auditing-standard convergence prevent fraud at the
top-executive level? If No, how to deter...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Q: Would an auditing-standard convergence prevent fraud at thetop-executive level? If No, how to deter top executives fromengaging in illegal conduct?
Answer & Explanation
Solved by verified expert
3.9 Ratings (642 Votes)
We must agree that convergence of auditing standard would lead to lesser fraud at the top executive level and over a period may enable us to prevent to a larger extent This is because convergence of standards across nations and regions will lead to the following 1 More transparency as most MNCs find loopholes in difference in regulatory and audit requirements
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
