Question
Consult Paragraphs 52-53 of PCAOB Auditing Standard No. 12. Consider how a revenue recognition fraud might occur under Enron's strategy in the late 1990s. Next
Consult Paragraphs 52-53 of PCAOB Auditing Standard No. 12. Consider how a revenue recognition fraud might occur under Enron's strategy in the late 1990s. Next identify an internal control procedure that would prevent, detect, or deter such a fraudulent scheme.
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Auditing A Risk Based Approach
Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg
12th Edition
035772187X, 978-0357721872
