https://community.mis.temple.edu/mis5208sp18/files/2018/01/Auditors%E2%80%99-Responsibility-for-Fraud-Detection.-1.pdf
Auditors will enter a much expanded arena of procedures to detect fraud as they implement SAS no. 99. The new standard aims to have the auditor’s consideration of fraud blended into the audit process and continually updated until the audit’s completion. SAS no. 99 describes a process in which the auditor (1) gathers information needed to identify material misstatement due to fraud, (2 ...