>> Accounting Basics
Define the major problem or problems.
Indicate how the problems are related to one another:
What has happened to the key players since the events in this case?
Use appropriate references supporting problem definition and subsequent experience of key players.
Analyze the situation. Explain the mechanisms that are causing the problem or problems.
Were the consequences they experienced as a result of their role appropriate under the circumstances and why?Use appropriate references supporting analysis of the situation. Integrate theories and concepts from the course material.
Present solution. Develop a structured plan of action. Who is to do what, when? (Solutions should follow logically from analysis-treat the problem(s), not the symptoms-what are the expected outcomes (both positive and negative) of the solution? What aspects of the problem remain unresolved by your solutions?)
What preventive and detective controls can be put in place to prevent this from happening again?