New Fraud Detection Measures for Auditors: The Impact on government ContractorsPaul E. Pompeo
Auditors are cautioned not to think that these fraud risk factors are all-inclusive. In fact, research has found that auditors who used open-ended questions that encouraged them to develop their own fraud risk factors outperformed those who relied on a checklist based on looking only for the i...
Without proper and adequate forensic training, expecting auditors to detect fraud is similar to pouring new wine into old bottles. We conclude by identifying changes in the current audit model and research opportunities that can be used to improve auditors' fraud detection performances. 展开 ...
Auditors' Responsibility for Fraud Detection: New Wine in Old Bottles? We observe a historical trend that standard setters often resort to issuing additional auditing standards as a response to restore public trust after widely publicized fraud. Despite the standard setters' intention, auditors are ...
Methods The study focuses on SLR, which provides a comprehensive view of the great developments in financial fraud detection. Considering the purpose, scientific guidelines were followed in the literature review of the PRISMA and Kitchenham methods, which were adapted by the authors (Ashtiani and Raa...
This paper illustrates an automated system that replicates the investigative operation of human fraud auditors. Human fraud au- ditors often utilize fraud detection methods that exploit structure in database tables to uncover outliers that may be part of a fraud case. From the uncovered outliers, ...
Fraud prevention and detection methods used in the bank were standard and no different from global standards. The fraud triangle worked effectively to predict the patterns of fraud described by respondents. However from this study it is argued that the Fraud Triangle is not as effective in ...
Consequently, fraud detection is crucial. Currently, companies employ auditors who manually evaluate records and pinpoint fraud. However, an automated and effective method is needed to detect fraud with the continually increasing number of patients seeking health insurance. Blockchain is an emerging ...
Fraud detection can be implemented in a number of activities that are in accordance with company policy, such as a whistle blower hotlines system, and involving external auditors to check the compliance and fairness of transactions and company accounting records. Based on the formulation of the ...
This paper illustrates an automated system that replicates the investigative operation of human fraud auditors. Human fraud auditors often utilize fraud detection methods that exploit structure in database tables to uncover outliers that may be part of a fraud case. From the uncovered outliers, an au...