Discussion 1 & 2

Topic 1 The Global Fraud Survey of the ACFE describes that most frauds are uncovered through employee whistleblowers.  Why do you think external auditors generally do not uncover fraudulent activities primarily by using their own audit techniques?

Topic 2 Requires you to evaluate fraud schemes and the internal auditor’s responsibilities in the prevention and detection of financial fraud. Based on authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc), address the following question: What’s the internal auditor’s responsibility for the prevention and detection of financial fraud? Is their responsibility different from the external auditors?

Requirements:

· All posts must be
substantial (several paragraphs each)

· Turnitin Report

· No Artificial Intelligence

· Scholarly articles or official websites