Heightened Responsibilities of the Internal Auditor in the Detection of Fraud

Abstract

The internal auditor has an opportunity to play a significant role in the detection and prevention of internal fraud and external fraudulent reporting. This paper examines various methods, including a written company policy, increased audit effectiveness, and active participation with the audit committee, that can be used by the internal auditor to help prevent and detect fraudulent activity.

Citation

Perry, L.M. and Bryan, B.J. (1997), "Heightened Responsibilities of the Internal Auditor in the Detection of Fraud", Managerial Finance, Vol. 23 No. 12, pp. 38-43. https://doi.org/10.1108/eb018660