What Is The Most Likely Way To Deter Fraud?

What Is The Most Likely Way To Deter Fraud? Know Your Employees. … Make Employees Aware/Set Up Reporting System. … Implement Internal Controls. … Monitor Vacation Balances. … Hire Trustworthy Experts. … Live the Corporate Culture. How can top management fraud be prevented? Segregate Accounting Duties. … Know Your Employees. … Maintain Internal Controls. …

Is It An Auditors Job To Detect Fraud?

Is It An Auditors Job To Detect Fraud? The responsibilities of the auditor, relating to fraud, are to appropriately identify, assess, and respond to fraud risks with due care and professional skepticism, as required by the standards. Is it the auditor’s responsibility to detect fraud? The Auditor of Financial Statements Has a Fraud Detection Responsibility.