An assisted audit refers to CAATs, or computer-assisted audit tools and techniques, that use software and programs dedicated to the auditing process to help out auditors, especially with large ...

The auditor can no longer assume that no fraud exists unless it smacks them between the eyes.Statement on Auditing Standards 99, issued in 2002, requires auditors to exercise professional skepticism ...

In its “Report to the Nation” on fraud and white-collar crime, the Association of Certified Fraud Examiners estimated that 6 percent of revenue was lost in 2002 as a result of occupational fraud, ...