Auditing As A Tool For Fraud Risk Assessment In Commercial Banks

Abstract With an upsurge in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection has become an emerging topic of great importance for academic, research and industries. In this age of high technology, fraud investigators can no longer be satisfied with just auditing or accounting skills, these investigators should be trained as forensic accountants and this training should include an extensive knowledge of accounting information. Despite the independence of auditors, fraud is still in the increase and most organizations has internal co…