Internal Essay

While there is no minimum length, I anticipate one to two pages (single spaced, Times New Roman 12 font) for each question. I would look for clear and well-argued submissions showing your depth of knowledge and understanding. Cite Sources used for each question.

1. Discuss in your own words why internal auditors often fail to detect frauds. You should discuss a minimum of four reasons.

2. With the help of a suitable example, explain various steps in deploying Attribute Sampling in testing to evaluate internal controls over many transaction items.