Uncovering Fraud in the Age of COVID-19: 5 insights to help audit firms meet their responsibility to detect fraud
For the audit profession, the risks of fraud are substantial, and fraud detection must become a priority. Traditionally, many auditors haven’t considered fraud detection as their responsibility, but that needs to change.
Throughout this whitepaper by Confirmation, part of Thomson Reuters, you’ll learn from industry thought leaders about how the pandemic crisis is generating both familiar and new forms of fraud. These experts offer five actionable steps audit firms can take to improve their fraud detection technology and best practices to meet the rising threat. Confirmation, part of Thomson Reuters, pioneered the idea of digital audit confirmations in 2000 and still leads the industry today. More than 16,000 audit firms, 4,000 banks and departments, and 5,000 law firms have put our platform to work. We span 170 countries and process more than one trillion dollars in confirmations each year.
Confirmation, part of Thomson Reuters, pioneered the idea of digital audit confirmations in 2000 and still leads the industry today. More than 16,000 audit firms, 4,000 banks and departments, and 5,000 law firms have put our platform to work. We span 170 countries and process more than one trillion dollars in confirmations each year.