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ACC555: Fraud Examination : SAS 99 and Its Impact on Auditing Practices in Fraud Detection

Discusses SAS 99 and its role in fraud detection audits.

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Melanie Waghalter JohnsonUnit 4 Assignment 2ACC555: Fraud Examination : SAS 99 and Its Impact on Auditing Practices in FraudDetectionMelanie Waghalter JohnsonUnit 4 Assignment 2Professor Cynthia WaddellACC555: Fraud ExaminationExplain the key provisions of SAS 99, Consideration of Fraud ina Financial Statement Audit,and its impact on the role of auditors in detecting fraud. Discuss how the introduction of newpractices, such as brainstorming and professional skepticism, aims to enhance fraud detectionand rebuild public trust in the accounting profession. How do the types of fraud—fraudulentfinancial reporting and misappropriation of assets—affect the auditing process? Your responseshould be at least 500 words.

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Document Details

University
Strayer University
Course
ACC 555
Subject
Accounting

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