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Your audit manager has assigned you to train your peers on an audit team about fraudulent financial reporting schemes.

Identify and describe 5 fraudulent financial reporting schemes to your peers.

Use 2 exs involving accounting transactions to demonstrate each of the schemes that you identified.

Show how auditors can utilize analytical procedures, test of details, and confirmations to uncover the schemes that you identified.

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M928249

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