Date of Award
5-2018
Degree Type
Thesis
Department
Moore School of Business
Director of Thesis
Dr. Andrew Collins
First Reader
Dr. David McIntyre
Second Reader
Dr. David McIntyre
Abstract
Fraudulent activities occur in all types of companies. Recently, external auditors have become increasingly important in detecting and preventing these frauds. With their independence, auditors can provide external comfort with their opinion as to the fairness of their client’s financial statements. The goal of this thesis is to express the importance of fraud prevention in private companies, especially smaller private companies, and illustrate how external audits can have an impact in fraud prevention. After conducting interviews with private companies, many reasons were found as to why private companies either conduct or do not conduct an external audit. This research bridges the information gap that exists between public and private companies regarding how they view preventing fraud with external audits.
First Page
1
Last Page
54
Recommended Citation
Sprague, Alexandra, "Considerations of Private Companies in Regard to External Auditing Including the Detection and Prevention of Fraud" (2018). Senior Theses. 224.
https://scholarcommons.sc.edu/senior_theses/224
Rights
© 2018, Alexandra Sprague