White-Collar Crime Fighter
To decide to proceed with a fraud investigation, an investigator should always have predication—reasonable belief and/or minimal evidence that fraud has occurred and can be detected through investigation. One way to get predication is by performing an audit-related exercise known as discovery sampling (also sometimes referred to as “stop-and-go sampling”). Also helpful: An understanding of how anti-fraud controls were breached, and who stood to gain from the breach.
Recent Comments