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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (34832)	12/2/1998 9:39:00 PM
From: Enigma	Read Replies (1) \| Respond to of 94695

"But there are alway exceptions and the auditors can usually find those if they are any good at all" Took part in a discussion on this recently - probably on a different site - it's difficult for auditors to find fraud, usually forensic auditors are brought in for this task. Fraud often involves collusion - or transactions 'off the books' eg a crooked purchasing manager getting back-handers - including such things as having an account maintained at a department store. A lot of fraud is discovered in-house often by accident or through a whistle blower. E