W3-D4

Instructions: Due Tuesday 09/12

At least 3 paragraphs long with 3 peer-reviewed references.

Based on authoritative sources (e.g., peer-reviewed articles from the library, Fraud Examiners Manual), give an example of a particular situation when it would be necessary to conduct a fraud examination rather than just a standard financial audit for a long-time client. Include in your discussion some "red flags" that may lead you to this conclusion. You can base the situation on your current or past work experience. For example, if you work in banking what would prompt a fraud audit in banking?