THE ROLE OF THE EXTERNAL AUDITORS OF THE BULGARIAN NATIONAL AUDIT OFFICE FOR IDENTIFY AND ASSESSMENT OF RISK OF FRAUD
ABSTRACT This paper focuses on the role of the external auditors for identify and assessment of the risk of fraud. The data obtained from a survey conducted among the auditors of the Bulgarian National Audit Office in the period May-June 2020. Risk factors, an audit procedure, the impact of the level of materiality on the identification and assessment of the risk of fraud presented. The main purpose of the article is to explore the role and place of external auditors in identifying and assessing the risk of fraud.
Keywords: assessment, audit, frauds, identify, public sector, risk