Question: Explain how internal and external controls play a role in detecting fraud. Explain how the use of computer-aided auditing techniques (CAAT) plays a role in

Explain how internal and external controls play a role in detecting fraud. 

Explain how the use of computer-aided auditing techniques (CAAT) plays a role in detecting fraud.

Step by Step Solution

3.33 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Internal and external controls play significant roles in detecting fraud within an organization Internal controls are systems processes and procedures implemented by an organization to safeguard asset... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!