Fraud Investigation Discussion Post

An experienced investigative auditor knows the procedures associated with assessing a potential case of fraudulent behavior. In today’s scandal-ridden financial environment, an auditor’s ability to spot the trappings of potential hidden problems in an audited entity’s internal control system is essential.

For your initial post to this discussion, discuss how an investigative auditor can document a case against an employee who has been embezzling from his employer by “cooking the books,” when the embezzler/chef has destroyed the accounting records to the point where it is impossible to produce a reasonable estimate of the monetary damage done. The auditor swears that all is not lost and has asked you to assist in the investigation, Sherlock Holmes style. Okay, Watson—how do you go about catching this fraudster?