| Journal Call no. | HF5601.N43 |
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| Author | Fawls, James. |
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| Article Title | Fraud : the role of the auditor / James Fawls. |
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| Is Part Of | The Hong Kong accountant ; v.7, no.4, Jul/Aug 1996, p.41-44. |
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| Abstract | The extent of the auditor's responsibility for detecting and reporting fraud is one of the most controversial issues facing the profession worldwide. In Hong Kong, it has been suggested that legislation should be implemented to permit auditors of listed companies (and their subsidiaries and associated companies) to disclose suspicions of a wide variety of potential irregularities directly to the Securities and Futures Commission (SFC) and the Stock Exchange. The Hong Kong Society of Accountants has serious concerns about the implications of such legislation which would undermine the effectiveness of the audit function as it currently stands. |
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