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In this article the writer offers a case study of Acme Industries. The paper involves an analysis of the preliminary assessment questionnaire results. The writer focuses on assessing the likelihood of misappropriation of assets.
From the Paper:"In order to assess the likelihood of misappropriation of assets and the likelihood of fraudulent financial reporting each of the following fraud risk factors should be considered in the Acme audit. The possibility of ineffective monitoring of management as a result of an ineffective board of directors or audit committee, oversight over the financial reporting process and internal controls. A complex or unstable organization structure as evidenced by high turnover ... "
Cite this Case Study:
Auditing (2005, December 01) Retrieved October 17, 2019, from https://www.academon.com/case-study/auditing-74434/
"Auditing" 01 December 2005. Web. 17 October. 2019. <https://www.academon.com/case-study/auditing-74434/>