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Discuss the eight-step fraud risk assessment process

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Question - Forensic accountants must ensure that their activities comply with the laws and regulations of the legal, regulatory, and professional environment. Examine two components of the forensic accountant's regulatory system: SAS No. 99 and the Sarbanes-Oxley Act of 2002.

Discuss the eight-step fraud risk assessment process presented in SAS No. 99 and explain how performing a risk assessment will help to prevent or detect fraud.

What is required by Section 404 of the Sarbanes-Oxley Act? How could this new requirement prevent or detect fraud?

Reference no: EM133151294

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