What is the auditor’s responsibility for discovering this type of embezzlement?-What evidence can the auditor use to uncover the fraud?
TASK Each year near the balance sheet date, when the president of Bargon Construction, Inc., takes a 3-week vacation to Hawaii, she signs several checks to pay major bills during the period she is absent. Jack Morgan, head bookkeeper for the company, uses this practice to his advantage. Morgan makes out a check to himself […]