As auditors perform their fraud brainstorming, it helps to have ideas to consider. So today I provide you with 25 ways fraud happens.
Here’s a list of common company thefts:
In performing your fraud brainstorming, consider printing out this list and seeing if any of these thefts are relevant to your audit.
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Do you desire to increase your knowledge of fraud prevention and detection? This book will get you there quickly. Click the "buy now" button to see the book on Amazon.
Charles Hall is a practicing CPA and Certified Fraud Examiner. For the last thirty years, he has primarily audited governments, nonprofits, and small businesses. He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. He frequently speaks at continuing education events. Charles is the quality control partner for McNair, McLemore, Middlebrooks & Co. where he provides daily audit and accounting assistance to over 65 CPAs. In addition, he consults with other CPA firms, assisting them with auditing and accounting issues.
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