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How an investigative auditor can document a case

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An experienced investigative auditor knows the procedures associated with assessing a potential case of fraudulent behavior. In today's scandal-ridden financial environment, an auditor's ability to spot the trappings of potential hidden problems in an audited entity's internal control system is essential.

Question 1: For your initial post to this discussion, discuss how an investigative auditor can document a case against an employee who has been embezzling from his employer by "cooking the books," when the embezzler/chef has destroyed the accounting records to the point where it is impossible to produce a reasonable estimate of the monetary damage done. The auditor swears that all is not lost and has asked you to assist in the investigation, Sherlock Holmes style. Okay, Watson-how do you go about catching this fraudster?

Reference no: EM132607984

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