SAS 99 procedures must only be performed for clients that have had fraud concerns in the past.

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SAS 99 procedures must be performed for all audits, regardless of whether fraud concerns existed in the past or not. SAS 99 requires auditors to consider the risk of material misstatements due to fraud in the financial statements, and to assess the risk of fraud occurring in the organization. It also requires auditors to perform certain procedures to gather sufficient evidence to assess the risk of fraud, and to communicate any identified fraud to appropriate parties.

SAS 99 Procedures Must Only Be Performed for Clients That