Most of the corporations and government entities encompass an internal auditing function and a separate fraud investigation function either as a subunit of internal auditing or security or as a separate unit in the organization. In addition, most of the accounting and consulting firms have a forensic, investigation and litigation support service.
1) In this description, you are encouraged to explore the roles and relationship of the audit and forensic service, in an organization and also in a professional service firm. Search for illustrations in industry and professional services firms via reviews of Web sites and the literature.
2) Describe the type roles of audit and investigation in both the organization and professional services firms you recognized. Describe the merits and demerits of combing audit and investigation services.