Analyzed audit process for CPA firm whose client had falsified records

Analyzed audit process for CPA firm whose client had falsified records

As part of a large consulting expert team assisting defense counsel, Stout analyzed the audit working papers of the national CPA firm where its publicly held client had falsified its financial records. Analyses included retracing each step of the audit process to determine if there were areas where the CPA firm should have increased its scope or performed alternative procedures to uncover the falsified information.