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FORENSIC AUDITING: AN INTERNATIONAL APPROACH

Prof. Felix Pomeranz


THE FUTURE


The "white hats" have the advantage of technology: corruption fighting techniques have become both effective and efficient. Moreover, it is possible to perform agency reviews on a proactive or preemptive basis. Review of the system, and of the controls incorporated therein-while the system is still in the design state and before flows of significant transactions have begun-wil1 quickly change the auditee's perception of the auditor from "scorekeeper" to active partner in the fight against corruption. For example, the face-saving proactive audit won immediate converts in China, where the technique was mandated on major state construction.

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