Sale Auditor Interview Question:

Tell me have you ever discovered fraud in an audit?

Submitted by: Muhammad

Yes. There was a recent audit that was conducted regarding the Strategic planning process and the city manager wanted to find out as to whether the roadshows that were condcuted amounted to the total costs related and it was noted that since a service provider was appointed to roll out the project, firslty supply chain processes were not followed as there for other services quotations were not requested, tenders above the threshold in as per the policy did not follow the right procedure and the budget was overspend, so thorugh interviews with responsible official it was noted that ht einitial company appointed for the services sub contratced and at al later stage documents indicated that still payments went through to the service provide without providing the services and it was later also established that there were no binding contracts between the sub contratcor aqnd the sp and at this stage the matter was handed over to the forensic investigation for further investigation.
Submitted by: Muhammad