’s responsibility, training and fraud detection. During the last decade internal auditing has become an integral part of modern … businesses since it is capable of detecting errors or offences which lead to fraud. In order to investigate the above … survey instrument and to construct our variables measuring fraud detection, internal audit effectiveness, auditor …

and indicate the use of fraud risk factors (red flags) in their efforts to detect fraudulent financial statements and … misappropriation of assets. Further, this study attempts to explain the effect of auditors' estimation of fraud prevalence in the … business environment on their assessment of fraud risk and their subsequent use of fraud risk factors. Empirical data were …

were analyzed by comparing the mean of the constructs of fraud indicator symptoms scale with the statistical analysis of … skepticism of the internal auditors was unable to influence their professional judgment in detecting fraud during fraud risk … research; these are Hurtt professional skepticism scale (HPSS: Hurtt, 2010) and Fraud Indicator Symptoms Scale (FIS: Fullerton …

Fraud is a major cause of poverty in various parts of the world. Economic resources are being swindled by powerful … sector is not far behind. World over, accounting fraud in corporate balance sheets is continuously increasing in numbers and … auditor by outside stakeholders to strengthen his independence and consequently his effectiveness to detect and prevent fraud …