Chapter 10: Auditing Cash and Marketable Securities

1. Describe with your own word, what is marketable securities?
2. Describe several fraud scheme related to marketable securities!
3. Explain about:

1. Manipulation of classification of securities
2. Manipulation of valuation of fair value market

4. Explain some example activities, auditor do in test of control related to marketable securities!

Mentions some audit procedures to handle risk of fraud in investment (marketable securities)!