December 22, 2020
Published: The CAQ
Failure to exercise skepticism can result in significant consequences, including fraud. An appropriate level of skepticism can help members of the financial reporting supply chain and other relevant stakeholders enhance their effectiveness in mitigating the risk of fraud and misconduct. They can use skepticism to identify red flags and early warning signs that might otherwise be overlooked.
Recorded in December 2020, this webcast, hosted by the Anti-Fraud Collaboration, promotes the importance of skepticism and how it can be critical in detecting fraud or error during the financial reporting process. A panel comprised of financial reporting supply chain members provides practical insights into how to enhance skepticism while overcoming biases, managing the risks of emerging technologies, and emerging from a crisis.
ver video: https://youtu.be/Iomgl85OZRA