Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 123

The entity’s audit committee or board of directors should take an active role in evaluating management’s:

 Creation of an appropriate culture

 Identification of fraud risks

 Implementation of antifraud measures

To fulfill its oversight responsibilities, audit committee members should be financially literate, and each committee should have at least one financial expert. Additionally, the committee should consider establishing an open line of communication with members of management one or two levels below senior management to assist in identifying fraud at the highest levels of the organization or investigating any fraudulent activity that might occur.