Question: Explain why the auditor needs to examine the tone at the top in evaluating fraud risk. Identify the key information the auditor should gather on

Explain why the auditor needs to examine the "tone at the top" in evaluating fraud risk. Identify the key information the auditor should gather on each of the following areas:

• Corporate governance

• Management

• Audit committee

• Corporate culture

• Internal auditing

• Top level monitoring controls

• Whistle blowing

• Codes of ethics

• Related party transactions

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