Explain the term 'kiting'. Describe audit procedures that can be used to uncover this type of fraud.
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Explain the term 'kiting'. Describe audit procedures that can be used to uncover this type of fraud.
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Kiting is a procedure used to conceal cash shortages from employers and auditors to conceal bank overdrafts from the bank or banks affected or to pad ...View the full answer
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Related Book For
Auditing Assurance Services and Ethics in Australia an Integrated Approach
ISBN: 978-1442539365
9th edition
Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler
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