Fraudulent financial reporting schemes

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Reference no: EM1347636

Your audit manager has assigned you to train your peers on an audit team about fraudulent financial reporting schemes.

Identify and explain 5 fraudulent financial reporting schemes to your peers.

Use 2 examples involving accounting transactions to demonstrate each of the schemes that you identified.

Show how auditors can utilize analytical procedures, test of details, and confirmations to uncover the schemes that you identified.

Reference no: EM1347636

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