Marschdorf Forensics


Auditors, Fraud And Year-End Audits

The Auditor’s Opportunities, Obligations and Limitations to uncover Fraud in the course of a Year End Audit


This article was published in German language in a professional magazine named “Deutsches Steuerrecht”.  Marschdorf provided a road map long before Sarbanes and Oxley, what a financial year-end audit can do about uncovering fraud. The article discusses how year-end audits can be geared to detecting financial statements fraud, but are limited in their ability to uncover embezzlement fraud schemes.