Fraud Indicators • Questions of integrity and competence • Unusual pressure within or on the entity • Unusual transactions • Problems in obtaining sufficient and appropriate audit evidence • Factors unique to information technology
19
Control Risk - Assessment & Testing
• Determine major transaction cycles (for example: gaming revenues).
• Walkthroughs of transactions – inception to recording to reconciliation.
• Compliance with documented control systems.
20
BlueBird CPAs
10
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