Obtaining sufficient appropriate evidence - Related parties and journals

Price:
R379.50 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Yvonne Rossouw
Duration:
105 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Management override of control is the most common fraud risk on an audit file. Yet many audit files do not have sufficient documented evidence over this risk.
From documenting the controls to identifying related parties, selecting items for testing and performing procedures, it seems as if we are just not doing enough.
Join us as we explore the risk posed by management override of control and look at the procedures that needs to be performed to ensure this risk is mitigated sufficiently.