Escolar Documentos
Profissional Documentos
Cultura Documentos
Chapter 11
5-5
Learning Objective 1
Define fraud and distinguish between fraudulent financial reporting and misappropriation of assets.
11 - 2
Types of Fraud
Management Fraud
Misappropriation of assets
11 - 3
Learning Objective 2
Describe the fraud triangle and identify conditions for fraud.
11 - 4
Opportunities
Attitudes/Rationalization
11 - 5
11 - 6
11 - 7
11 - 9
11 - 10
11 - 11
11 - 12
Learning Objective 3
Understand the auditors responsibility for assessing the risk of fraud and detecting material misstatements due to fraud.
11 - 13
11 - 14
11 - 15
11 - 16
Learning Objective 4
Identify corporate governance and other control environment factors that reduce fraud risks.
11 - 17
11 - 18
Conflicts of interest
Outside activities, employment, and directorships
11 - 19
11 - 20
11 - 21
11 - 22
Learning Objective 5
Develop responses to identified fraud risks.
11 - 23
Learning Objective 6
Recognize specific fraud risk areas and develop procedures to detect fraud.
11 - 25
11 - 26
11 - 27
11 - 28
Learning Objective 7
Understand interview techniques and other activities after fraud is suspected.
11 - 29
11 - 30
By Accident
Internal Audit
Internal Controls External Audit Notified By Police
0%
Note: The sum of percentages in this chart exceeds 100 percent because in some cases respondents identified more than one detection method.
11 - 32
11 - 33
11 - 34
End of Chapter 11
5-5