Date of Award

5-2018

Degree Type

Thesis

Department

Moore School of Business

Director of Thesis

Dr. Andrew Collins

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

Included in

Accounting Commons

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