At the beginning of this chapter, you read about CFEs and their role in fighting various kinds of fraudulent accounting practices, especially during troubled economic times. Also discussed were examples of fraud by the public at large, along with the resulting financial losses to U.S. businesses. Using the information presented in this chapter, you should now be able to answer the following questions.
15-23. What factors do you think are most important in choosing among various methods to protect against fraud in a firm?
15-24. Suppose you are hoping for a career as a CFE. How do recent trends in fraud provide new opportunities for such a career?
15-25. An external auditor, such as a CPA firm’s ...