Cormier, Denis; Lapointe-Antunes, Pascale - In: International Journal of Accounting, Auditing and … 3 (2006) 2, pp. 133-165
This study provides evidence on the effectiveness of the risk-based approach to fraud detection in an environment where auditing standards did not force auditors to separately consider misstatements arising from fraud. We find that auditors who consider fraud risk factors, rely on basic...