ACC 403 Auditing

"Audit Risk and Fraud" Please respond to the following:

• Create a scenario in which a company conceals financial fraud from the auditing firm through the use of information technology, and suggest at least one (1) way in which an auditing firm can minimize its exposure to this risk.
• Accordingtothetext,planninganauditinvolvesestablishingtheoverallauditstrategyfortheengagementanddevelopinganauditplaninanattempttoreduceauditrisktoanacceptablelevel.Selectabalancesheetaccountorincomestatementaccount,anddiscussthetypeofauditprocedurethatwouldproducethemostreliableevidenceforthataccountbalance.Defendyourposition.

280 words its fine