Real-World Fraud Found in Governments & Nonprofits

Determine how interim fraudulent reporting may impact planned reliance on internal controls and any related audit procedures. Identify the auditor's responsibility with respect to fraud in a financial statement audit. Identify how personnel policies and procedures can be circumvented and lead to possible fraud or abuse. Apply potential ways to follow up on noted indications of fraud, abuse, and weaknesses in internal control. Determine how management override of internal controls can lead to possible fraud. Identify how donated assets and capital assets might be misappropriated.

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