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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Guidance on the auditor's responsibility for detecting or reporting fraud during an audit engagement is provided in SAS 99.
Based on your understanding of fraud risk and the auditor's responsibilities, how would you facilitate the identification of fraud risk? What measures and procedures would you take? What general or specific questions would you ask, and to whom?
Comment on how you see the detection and reporting of fraud in the context of the auditor's responsibilities and professional standards. Do you think this is an appropriate role for the auditor to play? Why or why not?
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