Due to the limited number of qualified professionals, many small to medium sized entities struggle with maintaining an adequate internal control structure. In addition, many auditors struggle with assisting their clients during the audit process while maintaining their independence and professional skeptism. This course includes an overview of the auditor’s responsibilities related to financial statement fraud, and also includes information relevant to management’s responsibility for fraud and internal controls.
Course ID: CL4FSME
Fraud in Small-to Medium-Sized Entities
- Identify key points related to the auditor’s responsibilities related to fraud during a financial statement audit.
- Recognize ways to address common fraud committed within an organization.
- Internal controls in small- to medium-sized entities.
- Professional standards and requirements