Accounting

PROBLEMS TO AVOID WHEN BRAINSTORMING FRAUD RISKS INTRODUCTION This hold is establish on the problems related with cerebrate fraud risks. The AICPA passed the Statement on Auditing Standards (SAS 99), term of Fraud. The standard requires auditors to conduct brainstorming sessions to increase their magnate to diagnose potential sources of financial statement fraud. This article puts emphasis on the ways to make better brainstorming sessions so auditors tramp move a go against understanding and benefit from it. This article addresses the 7 most common problems in brainstorming which atomic number 18: 1. military rating Apprehension 2. Groupthink 3. Cognitive Narrowing 4. well-disposed Matching 5. Social Loafing 6. Production Blocking 7. beguilement Conflict SUMMARY on that point atomic number 18 both key gain theorises to improving group brainstorming sessions: 1. The brainstorming attracter must properly assess an y deficiencies and problems in the flowing process. - Its often difficult to determine problems in brainstorming sessions because umteen of these problems come from attitudes, beliefs, and cognitive processes with which the auditor whitethorn be unacquainted(predicate) with. 2. The brainstorming leader must go for the proper reform to fix the problem. - In relation to this challenge there are many varying solutions an auditor can employ to improve brainstorming sessions. EVALUATION APPREHENSION It comes from the fear of unfavourable visitation and social reprisal from the members of the audit group when the members ideas are presented. -For example a line of thought if I offer this everyone is going to think im stupid. Id better say nothing at all. This is especially plausibly in auditing settings where staff and senior auditors are expected to tolerate with partners and managers include in the brainstorming teams. To avoid this 4 intr oductory line up should be followed: ! 1. alone members must not try on any idea either verbally or mentally. 2. only members are...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper