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Forensic audits

Planning and performing a forensic

audit

3.1 General procedures

Forensic engagements are generally conducted as an 'agreed upon procedures'
assignment.

The procedures used include:

 Enquiries/interviews of key staff

 Detailed inspections and analysis of documentary evidence

 Tests of control

 Analytical procedures to compare trends over time or between business
segments

 Computer assisted audit techniques

3.2 Planning stage

Hold a meeting to clarify:

 The objective of the investigation.

 The actions taken so far e.g. contact with the police and the result of any
investigations carried out by them / contact with the insurance company.

 The planned deadline for the report.

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