OC means âOriginal contentâ, meaning the author of the post created the content shown or linked in the post. OP means Original poster, the author of the post. PSA means Public service announcement SMH means âshake/shaking my headâ SO means âSignificant otherâ TIFU means âToday I f**ked upâ TIL means Today I learned
However, in diverse economies, expert opinions from an array of disciplines are. often required by auditors â in particular those involved in the audit of large. companies (for example, banks, insurance companies and mining and. exploration companies).
Audit Procedures to Detect Fraud. While audits are not designed to root out every instance of fraud, auditors have a responsibility to detect material misstatements in the company's financial statements caused by either fraud or error.urther, the brainstorming meeting is used to set a tone of professional skepticism in the audit. Often, a fraud specialist attends the meeting to provide insight into other frauds committed by similar companies or industries and help identify the client's risk factors.