FORENZIČKA REVIZIJA BLAGAJNIČKOG POSLOVANJA
FORENSIC AUDIT OF TREASURY MANAGEMENT

Summary/Abstract: In order to perform its necessary operations, a company must have certain funds. Thus enterprises organise their treasury operations for every day, less necessary payments. A fully protective control mechanism operates in the cash business. Each appropriation will result in a shortage. Criminal activity in connection with cash can be: confiscating cash, "picking" of cash and false commitments. Risk factors for misappropriation of funds are considered under the influence of incentive or pressure, opportunity, and attitudes or excuses. Due to the particular goal and objectives of the forensic audit, forensic auditors have a greatly different approach to the verification of the financial statements compared to traditional auditors. In order to evaluate the performance of internal control of the legal entity in order to prevent the misappropriation of funds, a forensic auditor should design the audit program for control and substantive tests about the misappropriation of funds. Symptoms for fraud are unusual and unexpected changes. The goal is to collect and document relevant and reliable evidence that will lead to a conviction, if is fraud.

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