Busting the myth about auditors and fraud

One question I get all the time is, "Are auditors obligated to detect fraud?"

This morning I was asked to speak on a panel at a conference sponsored by the Polish Audit Oversight Agency.

Our panel was focused on the role of auditors in corporate governance: The auditors role in fraud detection and prevention as “Early Warning System”.  The auditors responsibility is a key factor for the company and its shareholders.

Panelists inclu…