Brainstorming, Fraud Consideration and SAS 99: Best Practices
Department or Administrative Unit
Statement on Auditing Standards #99 expanded the auditor’s responsibilities with respect to fraud in financial statement audits. It includes the requirement that the audit team brainstorm ways in which fraud could be perpetrated in the client’s accounting process and specific audit procedures that would provide relevant information. This paper reports on current best practices in brainstorming from practice and research.
Atkinson, MaryAnne, "Brainstorming, Fraud Consideration and SAS 99: Best Practices" (2008). All Faculty Scholarship for the College of Business. 3.
2008 American Society of Business and Behavioral Sciences Conference