Management and the auditors get frustrated with the company lawyers who appear to be delaying the filing of the case and for asking unnecessary work in the eyes of the auditor. The fraud audit report which appear to fully document the fraud is not enough to satisfy the lawyers. Everyone is frustrated!
Well here's why; the fraud audit uses audit methodology and produces a report which is 80% documentation and 20% interviews. What is needed, however, is a fraud investigation using fraud forensic methodology, conducted by fraud examiners or investigators, which produces the opposite result: 20% documents and 80% interviews with sworn statements of witnesses.
Simply put, the fraud audit report cannot speak before a judge. You need actual witnesses to say who committed the fraud and where the related documents came from. These information is what is required to prosecute a crime!
Here's an overview of the typical fraud investigation: