International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the prevention and detection of fraud within an organization.
Fraud risks related to regulatory and legal misconduct include all of the following EXCEPT:
Benjamin, a Certified Fraud Examiner (CFE), was contacted regarding an engagement to investigate a complex money laundering case spanning numerous international jurisdictions and involving multiple cutting-edge technologies. Benjamin had previously attended a seminar on investigating money laundering schemes, but he had no other training or experience in such cases. However, he accepted the engagement and chose to conduct the work himself. Benjamin’s conduct would likely be a violation of the ACFE Code of Professional Ethics.
Which of the following is FALSE regarding a fraud risk assessment?
Which of the following statements is FALSE regarding an organization's fraud risk management program?
The internal auditor’s fraud-related responsibilities include which of the following?
