100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FOR2601 Assignment 1 Semester 2 2024 (234942) - DUE 10 August 2024 R48,11
Add to cart

Exam (elaborations)

FOR2601 Assignment 1 Semester 2 2024 (234942) - DUE 10 August 2024

 9 views  0 purchase

FOR2601 Assignment 1 Semester 2 2024 (234942) - DUE 10 August 2024 QUESTIONS AND ANSWERS

Preview 2 out of 12  pages

  • July 26, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (13)
avatar-seller
inotes
FOR2601 Assignment
1 Semester 2 2024
(234942) - DUE 10
August 2024
QUESTIONS WITH COMPLETE ANSWERS




[School]
[Course title]

, FOR2601 Assignment 1 Semester 2 2024 (234942) - DUE 10 August 2024




QUESTION 1

1.1 Discuss in your own words the detection techniques that can be used by auditors to detect

fraud in an organisation. (10)

1.2 Discuss the basic considerations or tactical steps you have to consider when starting a new

investigation. (10) [20]

### 1.1 Detection Techniques Used by Auditors to Detect Fraud in an Organization




Auditors employ a variety of techniques to detect fraud within an organization. Here are some

key techniques:




1. **Data Analysis and Analytics**: Utilizing specialized software to analyze large sets of data

to identify anomalies, trends, or patterns that could indicate fraudulent activity. Techniques

include statistical analysis, trend analysis, and Benford's Law analysis.




2. **Internal Controls Assessment**: Evaluating the effectiveness of internal controls designed

to prevent and detect fraud. Weaknesses or gaps in these controls can be indicative of potential

fraud risks.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller inotes. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R48,11. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

49160 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R48,11
  • (0)
Add to cart
Added