FOR2601 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (234942) - DUE 10 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App .
QUESTION 1 1.1 Discuss in your own words the detection techniques that can be used by auditors to detect fraud in an organ...
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, FOR2601 Assignment 1 (COMPLETE ANSWERS)
Semester 2 2024 (234942) - DUE 10 August 2024 ; 100%
TRUSTED Complete, trusted solutions and explanations.
For assistance, Whats-App
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 for Fraud in an Organization
Auditors use a variety of techniques to detect fraud in an organization.
Here are some key methods:
1. Analytical Procedures: Auditors perform analytical procedures
by comparing financial statements and ratios with historical data or
industry benchmarks. Significant deviations or unusual trends can
signal potential fraud.
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