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Litigation

: The FRAUDfiles Blog

Why audits fail to find fraud

By Tracy Coenen

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I am reading Cynthia Cooper’s book, Extraordinary Circumstances, which documents her experiences uncovering the massive fraud at WorldCom. I want to finish reading the book so I can write a proper review here and elsewhere. But I admit I’m having a hard time finishing the book due to all the other demands on my time… Nonetheless, I wanted to share this passage from the book because it illustrates so perfectly the main reason why audits fail to find fraud: Those committing fraud read more

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Full post as published by The FRAUDfiles Blog on March 02, 2008 (boomark / email).

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