fraud audit

A fraud audit is an examination of an organization's financial records and processes to detect and prevent fraudulent activities. Auditors look for unusual patterns, discrepancies, or signs of misconduct that could indicate theft, embezzlement, or other fraud. This type of audit can involve reviewing transactions, questioning employees, and analyzing controls to strengthen defenses against fraud. The goal is to ensure financial integrity and trust within the organization, helping to protect assets, maintain compliance, and safeguard the reputation of the business.