Create a scenario where the external auditors detect that there is fraud. Discuss the auditors’ responsibilities for assessing fraud risk. What are the procedures used to detect material misstatements due to fraud? 

  • ACC 499 WEEK 6 DISCUSSION 1 “FRAUD RISK”

    Create a scenario where the external auditors detect that there is fraud. Discuss the auditors’ responsibilities for assessing fraud risk. What are the procedures used to detect material misstatements due to fraud?

  • Discuss recommendations to management for reducing fraud.

Use sources from US within 2 years.