The Fraud Case Study
Builder Inc. is an innovative construction company located in Western Canada. It employs staff of 150 and is
relatively successful. Even though the company experiences steady growth in recent years, competition is fierce
and margins are shrinking.
A significant portion of the CEO’s pay (Steve Smith) is profit-related. During audit planning this risk is identified
and appropriate audit procedures are to be planned and executed to address this risk.
The General Journal
The company provided you with a partial General Journal (GJ_Case_Study_A.csv). The total balance of the
Journal is around $ 4,4 million. Download the data file to your computer. Please note that the materiality for this
audit engagement is $10,000 (increase weighting for the material value control point to 15% in the MindBridge
tool). It is also important to note that bookkeeping is regularly done on weekends.
Requirements: 1-page Times New Roman Size 12 Font Single Spaced
Explain your findings from an Excel file
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