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Common revenue and inventory related fraud schemes

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Reference no: EM13722362

Discussion - Comparing Financial Statement Amounts:we have found that there are many areas in which fraud can occur in the revenue and inventory accounts. Please take a few moments to respond to the following questions:

- What are some of the more common revenue and inventory related fraud schemes?

- What are some of the more effective methods for searching for this type of fraud?

- How can comparing financial statement amounts assist with detecting fraud?

- What methods can you implement to prevent and detect this method of fraud? Not a paper. so no formatting required as in double space.

Reference no: EM13722362

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