En analyse af besvigelseramte SMV virksomheder

Jonas Post Hansson

Student thesis: Master thesis


In recent years there has been an increasing tendency for fraud. Fraud, such as accounting manipulation and misappropriation of assets. The financial crisis has helped to influence this trend. The crisis has shown that many companies have been under more pressure to be able to meet the expectations that owners and stakeholders has. The increase in fraud has resulted in questions to the auditor’s work and has given distrust. As a result of the rise of scandals, it has required ongoing tightening of the auditor's work. It is not the auditor's job to conduct audits against fraud, but should consider the risk of fraud in consideration of the design and conduct of the audit. An auditor is designated as representative of the public. This title implies that the auditor must live up to the expectations of society at the same time as the audit performed in accordance with aspects such as legislation, time and economy. In order that an auditor must be able to identify fraud requires that the auditor is aware of how fraud can be committed and the types of fraud found This thesis Analyzing fraud in SME businesses and compares to relevant theory and legislation. From the analysis it tried to assess whether the review process is adequate, or whether it can be improved. In general, is the audit process for SME companies the same as in large companies, but the relationship between auditor and management is closer. Although the company is small, it does not mean that the review also should be less. Each auditor should therefore organize audit of SME carefully and in accordance with ISA and other legislation. A good and carefully planned audit ensures that the auditor is able to identify risks. In SME businesses it is often the management that overrides the company controls in order to commit fraud. It is very difficult for auditors to detect this kind of fraud. A good planned and organized audit does not imply that the auditor identifies possible fraud. If the auditor has any reason to suspect fraud, it is important that the auditor organize further actions and consider assigning any experts to ensure that the accounts are free from fraud.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2016
Number of pages92
SupervisorsKim Klarskov Jeppesen