Name

Financial Statement Fraud Liability Omissions

Description

FRAUD AREA: Improper Disclosures/ Liability Omission

CONTROL OBJECTIVE:
To prevent a reasonably discerning user of financial statement from being misled.

FRAUD RISK: Management has an obligation to disclose all material information appropriately in the financial statements and in management's discussion and analysis. Improper disclosures mislead the end users of financial statement to opting wrong decisions.

Login to your subscription to download this fraud related template.

Standard (Non-IT) Audit Program

Download

This file is only available to premium subscribers or site license users. Please log in or sign up for a subscription to get this file.

Subscription Level

Type

Procedures

Language