Problem
• How would the auditors demonstrate that all the accounts that suffered losses (actual accounts and potential accounts were reviewed?
• What information should work papers contain to support a fraud case?
• What information should work papers contain to support a regular audit? Compare and contrast the differences in the information needed for a fraud case and a regular audit
• How would you review the work papers prepared for this case?
• Prepare an audit program that an internal auditor assigned to this case would use?
• What changes in internal controls would you recommend after reviewing the facts of the case?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.