Auditors are constantly being told by regulators that a more thoughtful approach to fraud risk needs to be adopted when planning and performing audits, with greater focus on professional scepticism. This seminar will provide a practical insight into what this means in practice. Topics covered will include: What are auditors’ responsibilities relating to fraud? What fraud and risk actually looks like in SME businesses, Demonstrating professional scepticism when performing and documenting an ISA audit, Developing a sceptical mindset throughout the audit team, Practical steps to take when tackling presumed fraud risks in relation to revenue recognition, journals and related party transactions