As a result of the blown financial statement (FS) fraud in a competitor company, the Audit Committee of Triple Ace, Inc. directed the Auditor to report in the next committee meeting an audit program on the detection of possible fraud.

The Audit Committee is quite satisfied on Auditor's report particularly on various fraud symptoms. Nevertheless, the Audit Committee is much concerned on how to detect "management override".

Assuming you are the Auditor:

1. Give two (2) specific instances of management override to describe such to the Audit Committee. (4 points)

2. What SPECIFIC audit techniques/procedures (at least four) you have to perform in order to determine if there are "management override" symptoms. (6 points)