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Determine the fundamental audit procedures that you should have
applied to this investment.
Predict the way in which a peer review of Friehling and Horowitz would
have uncovered the scheme related to Madoff Securities.
Pretend you are Harry Markopolos and suggest one (1) strategy,
different from that of the case study, to expose the potential fraud.
Provide a rationale to support the suggestion.
Analyze the role of the audit committee for Madoff Securities in regard
to the discovery of Ponzi scheme, and suggest one (1) action the audit
committee could have taken in order to prevent or detect the fraud.
Provide a rationale to support the suggestion
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ACC 562 Week 3 DQs
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