Despite the use of SAS 99, not all fraud is detected.

Name: Despite the use of SAS 99, not all fraud is detected.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

SAS 99 is a framework for auditors to follow in detecting and addressing fraud risks. However, it does not guarantee that all fraud will be detected. Detection of fraud also depends on the skill and effectiveness of the auditors, as well as the extent of the fraud concealment efforts by the perpetrator.

Despite the Use of SAS 99, Not All Fraud Is