CS Professional · Internal and Forensic Audit · Basic Concepts of Forensic Audit
A forensic auditor interviewing staff at Bhatia Logistics Ltd about a suspected expense fraud should ordinarily sequence interviews so that the suspected person is interviewed:
The suspect should ordinarily be interviewed last, after witnesses and documentary evidence have been examined. This lets the auditor ask informed questions, test explanations against evidence and avoid alerting the suspect early enough to tamper with records.
- AFirst, to obtain a quick confession
- BLast, after witnesses and documents have been examinedCorrect
- CNever, since suspects cannot be interviewed
- DOnly through the press
Explanation
Good practice is to interview neutral witnesses first, then corroborating persons, and the suspect last, when the auditor holds sufficient evidence and knowledge. Interviewing the suspect first risks tipping off and destroying evidence.
Did you get it right without looking?
One question tells you little. A timed set on Basic Concepts of Forensic Audit shows your real accuracy, how long you take and where you lose marks.
More Basic Concepts of Forensic Audit questions
- While examining the accounts payable ledger of Kaveri Engineering Pvt Ltd, a forensic auditor runs a test that compares the frequency of lea…
- Kaveri Pharma Ltd's internal audit department reviews the effectiveness of the procurement approval process throughout the year and reports …
- A forensic auditor at Bharat Agro Ltd obtains a copy of the laptop hard drive of a finance executive suspected of fraud. To keep the electro…
- Rohit, a forensic auditor, is appointed by Vindhya Steel Ltd. after the statutory auditor issued a clean opinion for FY 2024-25. Rohit finds…
- A forensic auditor is asked to examine an employee's laptop in a suspected data-theft case at Kaveri Logistics Pvt. Ltd. Which action best r…
- In a forensic review of Mehta Pharma Ltd, the auditor finds that payroll lists 12 employees sharing the same bank account number and none of…