With respect to fraud and error which of these statements is NOT correct?
A.
As part of their audit procedures the engagement team should discuss the audit client's susceptibility to fraud
B.
Fraud is an intentional act and therefore generally easier to identify than error
C.
The auditor's role is to determine whether there is a material misstatement in the financial statements as a result of fraud or error
D.
Fraud can be split into two main types - fraudulent financial reporting and misappropriation of assets