(c) Procedures on alleged bribery payments
Generally 1 mark for each procedure explained:
– Interview the two suspects and question them regarding the nature of the cash payments made to
the customers prior to the signing of the contracts
– Using computer-assisted audit techniques to identify all new customers in the year and any payments
made to these customers, and total the amounts
– Review the terms of contracts with customers for any such details of payments included in the
contract, and understand the business rationale for any such payments
– Review the email and other correspondence entered into by the two suspects for any further
information about the cash payments, e.g. specifically who the payments were discussed with
– Perform tests of control on the authorisation of cash payments to find out if these payments were
known to anyone operating in a supervisory capacity
Maximum marks 4