Taking an integrated audit approach to misstatements, including material misstatements arising from fraud or errors, is essential to improving overall audit quality and effectiveness. Too often, auditors fail to read the caution signals that require a unique response to the risk of material misstatement arising from fraud or unintentional error. The most likely consequence of ignoring the signals is audit failure. Learn how to integrate your audit approach for assessing the risks of material misstatements arising from unintentional errors with those arising from fraud.