Answer 4 of the following questions: 1 - What are the critical aspects of surveillance required for the method to be effective? 2 - How is the threshold for predication determined? 3- What are the challenges associated with proving intent by a fraudster? 4 - What constitutes evidence? 5 - What three types of evidence may be offered at trial? 6 - What is meant by invigilation? 7 - How do witness interviewing and interrogation differ? 8 - How might documents be altered? 9 - What are some ways that may be used to hide assets? 10 - When is it appropriate to use an indirect method for income reconstruction? 11 - Where can fraud examiners and forensic accountants find data?

Answer 4 of the following questions: 1 - What are the critical aspects of surveillance required for the method to be effective? 2 - How is the threshold for predication determined? 3- What are the challenges associated with proving intent by a fraudster? 4 - What constitutes evidence? 5 - What three types of evidence may be offered at trial? 6 - What is meant by invigilation? 7 - How do witness interviewing and interrogation differ? 8 - How might documents be altered? 9 - What are some ways that may be used to hide assets? 10 - When is it appropriate to use an indirect method for income reconstruction? 11 - Where can fraud examiners and forensic accountants find data?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

whom should the auditors contact when they suspect a fraud? a. senior management b. audit committee of the board o directors c. expected perpetrators of the fraud d. either the senior management or the audit committee
1. What are the key differences between a conventional audit and a fraud examination? 2. To what extent does an auditor of financial statements have a responsibility to detect fraud?
Which of the following statements is FALSE?A. Irregularities are intentional misrepresentations associated with the commission of a fraudB. Errors are unintentional mistakesC. Data conversion provides safe storage for the off-line data files. These files could be backups or current data files.D. Before the auditor can determine the nature and extent of the tests to perform he or she must gain a thorough understanding of the client’s business
What are the three key points about a fraud perpetrator?
Which is not a forensic-type certificate? A. FASNA. B. CFE. C. CRFAC. D. MAFF. A. Gather evidence. B. Write reports. C. Assist in investigating fraud. D. All of the above may be required. Which is not a forensic-type certificate? A. FASNA. B. CFE. C. CRFAC. D. MAFF.
Give specific examples of fraud risk factors - incentives, opportunities, and attitudes/rationalization.
What is the upper limit on misstatements? What information does it provide the auditor?
6 Who has the responsibility to carry out the Fraud Risk Assessment (FRA)? And what skills should an individual/team have in conducting FRA?
In the framework of audit and assurance, we are investigating the consequences of expectation gaps for fraud.
What is the ethical value of applying the Fraud Triangle to assess the risk of material misstatements in the financial statements?
6 Discuss deterrence, prevention, and detection in governmental fraud. What do you think is the best aapproach and why?
A reason to believe that a fraud has occurred is calleda. Deliberation.b. Forensics.c. Predication.d. Restitution