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Keywords: AS2
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Journal Articles
Journal of Forensic Accounting Research (2020) 5 (1): 2–20.
Published: 04 August 2020
... to react negatively to adverse ICFR audit opinions. This is puzzling because weak ICFR heightens the risk of fraud or materially misstated financial statements. Our study reexamines this issue for the time periods covered by Auditing Standard No. 2 (AS2) and Auditing Standard No. 5 (AS5). We too find...