Describe the different categories or types of fraud

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1. Explain the definition of fraud. Describe the different categories or types of fraud.

2. Discuss the fraud elements triangle. Why is this important for auditors?

3. Why is it important for auditors to document their planning, work, evidence and opinions regarding fraud risk assessment and fraud detection activities? How would auditors document and then follow-up if fraud is found during a financial statement audit?

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Reference no: EM131729180

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