1. Accounting
Yet it is hard to imagine greater liability than the profession has already taken on by failing to increase its fraud detection responsibility. ... For example, the internal audit staff must be encouraged to act independently and trained to look into the areas of the company's operations that are most fraught with potential for wrongdoing. ... I believe that it would be appropriate to expand the scope of audits to look for fraud detection as part of the audit function, control information provided to the public and assess disclosure of information according to the required confidentiality of i...
- Word Count: 1348
- Approx Pages: 5
- Grade Level: Graduate