Discussion Post
1) Assess the three procedures that are effective in identifying breakdowns in internal controls due to override and collusion. Choose which of three would be most difficult for the external auditor to detect. Explain your answer.
2) Compare and contrast earnings management and fraud, and give your opinion of how external auditors can determine if management is deliberately managing their earnings.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.