July 2, 2007

Following Fundamentals Detects Fraud

By Kyle Furtis, Managing Director and Eileen Galager, Manager - Protiviti, Inc.

Executing the fundamentals of auditing – performing basic audit steps and following up on “loose ends” – can be the key to uncovering fraud. In this case study, Protiviti’s Kyle Furtis and Eileen Galager share a story of when an audit committee’s fraud suspicions were well warranted.