List two major characteristics that are useful in predicting the likelihood of fraudulent financial reporting in an audit. For each of the characteristics, state two things that the auditor can do to evaluate its significance in the engagement.

Two major characteristics that are useful in predicting the likelihood of fraudulent finanrial rannotinn in an audit are

$$ and $$

For the first characteristic, two things that the auditor can do to eyaluate its significance in the engagement are to

$$ and to

$$

For the second characteristic. two thinas that the auditor can do to evaluate its signific and to $$