publication . Article . 2014

Detecting asset misappropriation: a framework for external auditors

Rasha Kassem;
Open Access English
  • Published: 01 Feb 2014
  • Country: United Kingdom
Abstract
Fraud is a major concern for investors, regulators, and external auditors. Of particular concern is asset misappropriation because it was given less attention in prior audit literature as well as the audit practice though it is the most common type of occupational fraud. This motivated the current study to examine areas related to asset misappropriation that had never been examined before and alert external auditors in Egypt to a type of fraud which was given less attention. The current study also proposed a framework for external auditors that might help them properly assess and respond to fraud risk factors arising from asset misappropriation. This framework w...
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