Fraud Investigation
The extensive use of ICT in today's business implies that evidence is extremely likely to be available for verification and confirmation as to an occurrence of a fraud. Evidence collected on ICT systems could well be used to sustain the occurrence of a fraud case. IT auditors tend to be better equipped with specialized knowledge on the behaviors of IT systems, and it is only a matter of whether an IT auditor is able to detect the fraud. To this extent, IT audits may either initiate or assist a fraud investigation through one or more of the following activities:
Generation and/or reconciliation of report
Identification/retrieval of evidence and missing records on computer system
Conducting of computer forensics analysis