External auditor responsibility in detecting errors and frauds under international audit standards

Abstract

This study aims to demonstrate the responsibilities of the external auditor with regard to illegal behavior in the financial statements by assessing the auditors' compliance with their professional responsibility and the ability to detect the risks of fraud and identify the factors leading to the disclosure by auditors. The study concluded that the external auditor is not legally responsible for detecting fraud, but should exercise caution when examining the financial statements for misstatements, as he should express an opinion. more transparent and credible on the validity of financial statements