What are some common techniques used by fraudsters to avoid detection by auditors?
What are some common techniques used by fraudsters to avoid detection by auditors?
user
Common techniques used by fraudsters to avoid detection by auditors include: 
1. Ensuring accuracy of source documents through alteration or forgery.
2. Manipulating account balances through false transfers or entries.
3. Concealing evidence of fraud via electronic documents.
4. Impersonating company personnel to divert attention from fraudulent activities.
5. Disrupting the internal controls and financial reporting process with fake audit reports, statements and invoices.

7 Tips for Spotting a Fraudster's Identity Theft 

Watch out for inconsistencies in information provided on applications and forms.

Check records to identify suspicious Activity that may show up on credit reports, bank accounts or utility bills

Scrutinize employment histories as fraudsters often provide false credentials.

Ensure that all passwords are secure and not easily cracked via automation.

Look out for any connections between suspects involved in identity theft cases. 

Beware of individuals who target those closest to them, like family members, friends, former work colleagues
assistant
What are some common techniques used by fraudsters to avoid detection by auditors?
user
Common techniques used by fraudsters to avoid detection by auditors include: using sophisticated techniques to obfuscate or disguise transactions, using different audit manipulation techniques such as false invoicing, premature booking of revenue, and overlooking small but recurrent fraudulent purchases. Fraudsters also employ techniques like account manipulation and double entry journal manipulations, forging documents like purchase orders or delivery notes and stuffing invoices into small stapled envelopes for example.
assistant