Fraud Consideration by Auditors

question 31

Essay

Fraud consideration by auditors
John Beasley is interviewing with public accounting firms to become an auditor.John does not believe that fraud is a "big deal" in client organizations and argues that most individuals in management of companies are "honest people".He believes that auditors are becoming too cynical.
Describe your response to John's attitude and discuss the major types of fraud that occur in companies.

---

Definitions:

Optimistic

Having a hopeful or positive outlook on the future, believing that the best possible outcome will occur.

Kant

Immanuel Kant was a German philosopher who is a central figure in modern philosophy, known for his works on epistemology, ethics, and aesthetics.

Categories

Concepts or classifications used to group things based on shared characteristics or attributes.

Space and Time

Fundamental entities in physics and philosophy that denote the three-dimensional region in which all physical events occur (space) and the sequential order of events (time).