What Is a Forensic Audit, and (Briefly) What Would the Auditor

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The Answer is A forensic audit investigates the causes and effect of possibly fraudulent activities or system failures that may be the consequences of fraud. The forensic auditor may look for evidence of fraud and document system failures, and identify the extent of losses incurred.
A forensic audit may be used in response to a claim against a company as a result of intentional or unintentional failures of electronic systems for processing transactions. An insurer may use a forensic audit to evaluate the liability of a claim.
An audit involving the electronic environment might feature:
-Comparisons of employee emails and addresses, log-on times and messages.
-Searching for duplicate numbers on payments or receipts.
-Scanning lists of suppliers, customers and inventory movements.
-Analysing the sequence of transactions to identify the intervention by unauthorised personnel.
-Finding users of the same addresses and signalling phantom users.

What Is a Forensic Audit, and (Briefly) What Would the Auditor

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