workflow

Fraud Risk Assessment & JE Testing

Runs ON an audit item (an existing engagement). Assesses fraud risks across the fraud triangle and management override, maps anti-fraud controls to those risks, validates and characterizes the journal-entry population for the period, selects entries by pattern flag plus a reproducible random draw from the unflagged remainder, tests every selected entry for support, approval and business purpose, and raises every unsupported anomaly as an issue linked to its FSLI and control. Hands off to engagement reporting for issue disposition and reporting.

Record JSON · Open in map · Data retrieval guide

Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.

Attributes

domain
audit
department
internal-audit
lineOfDefense
assure

Details

teams
  • internal-audit
domains
  • audit
standards
  • iia-2024
  • sox
  • coso-ic
sourceTemplateId
workflow-library:fraud-risk-je-testing
releaseId
sha256:79c63b355999a79e044c279a7bd312e4a60f76cfc83b7c13d70a490b0b253a56
canonicalUrl
https://workflow-library.com/all/?w=fraud-risk-je-testing
capabilities
  • audit-testing
mappingStatus
mapped
lineOfDefense
assure
controls
  • UC-AUDIT-12
  • UC-AUDIT-13
  • UC-AUDIT-14
roleIntegrity
activityCount
0
ermPhases
    lineRoles
      serviceModes
        warnings

          Source

          No record-specific source URL is provided.

          Download workflow template · Release: sha256:79c63b355999a79e044c279a7bd312e4a60f76cfc83b7c13d70a490b0b253a56

          Connections