Influenced forensic accounting

Assignment Help Accounting Basics
Reference no: EM13660789

Describe the events that have influenced forensic accounting as follows:

1.Identify an accounting scandal at a corporation that has resulted in a loss of reputation to the accounting profession. Explain the crime(s) committed.
2. As a result of these accounting scandals, the AICPA recognized the need for accounting professionals to change their attitudes toward fraud detection by revising SAS 99. List at least four of the significant changes made to SAS 99 and explain your answer.

Assignment Guidelines:

For the company selected in question #1:

1.Define the major problem or problems. (Problems cause symptoms - for example, stress causes the symptom of high blood pressure. Often, the symptoms are directly described in the case, whereas the problem(s) usually are not. If necessary, indicate how the problems are related to one another.) ?Here is where you should include a response to the question - 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 (avoid using blogs or Wikipedia).


2.Analyze the situation. Explain the mechanisms that are causing the problem or problems (use appropriate theories to show how the problem(s) identified above cause the symptoms of ineffectiveness in the case. Present examples found in the case study that support your argument). ?Here is where you should include a response to the question - 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 (avoid using blogs or Wikipedia).


Presentation Guidelines:

  • Do not rehash the minutia or details in the case
  • Give analysis, not description

•Use and apply theories and concepts from the course material; integrate course material where it is useful - include at least two reliable references other than the course text

  • Be thorough
  • BE CAREFUL - Make sure to avoid plagiarism and to use quotation marks and proper citation as required
  • Length - 800 to 1,200 words - double spaced

•Use APA format for citations and (required) References page. Remember that the significant portion of your analysis should be in your "own words"

Grading Guidelines:

  • 45 Points - Content & Development
  • 20 Points - Organization & Structure, Format (APA), Grammar, Punctuation, Spelling & Readability

• 65 Points - Total

 

Reference no: EM13660789

Questions Cloud

Educational supplies and equipment : Educational supplies and equipment.
Describe how you think your colleagues would likely react : One of the important personality factors is self-esteem. Everyone values themselves in one way or another and makes positive or negative conclusions based on their own feelings of self-esteem.
Managerial accounting : Managerial Accounting
Time value of money : Time Value of Money
Influenced forensic accounting : Describe the events that have influenced forensic accounting
Is there a fixed path from past to future : Is there a fixed path from past to future, or do our individual momentary decisions shift and twist the course of human events? What people believe about the effects and consequences of their actions is part of the larger picture of what motivates..
Barbara montgomery is a first-year auditor for coopers : Barbara Montgomery is a first-year auditor for Coopers and Rose
Control and accounting information systems : Control and accounting information systems
The system should b designed to produce : Identify the input transactions that this system must process and the output documents and reports that the system should b designed to produce.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Write a summary of 250 words in which you discuss the

write a summary of 250 words in which you discuss the difference between comparative and ratio analysis. differentiate

  Account for the investment in an acquired subsidiary

When a parent uses the partial equity method throughout the year to account for its investment in an acquired subsidiary, which of the following statements is false before making adjustments on the consolidated worksheet?

  Underapplied or overapplied overhead into cost of goods sold

Assume that Ortega closes underapplied or overapplied overhead into cost of goods sold. What is the final (i.e adjusted) balance in cost of goods sold?

  Fixed expenses are 375000 per month the company is

fixed expenses are 375000 per month. the company is currently selling 8000 units per month. the marketing manager would

  Walts whistles manufactures referee whistles at the end of

walts whistles manufactures referee whistles. at the end of february walts has 2000 pounds of steel for whistles in

  Finding out the depreciation expense

Heathlands will use a three-year straight-line method. In the 2005 consolidated income statement, the depreciation expense:

  While examining cash receipts information the accounting

while examining cash receipts information the accounting department determined the following information opening cash

  Initial value method in accounting for the combination

One company acquires another company in a combination accounted for as an acquisition. The acquiring company decides to apply the initial value method in accounting for the combination. What is one reason the acquiring company might have made this..

  What role do standard costs play in controlling the

what role do standard costs play in controlling the operations of a business? how are standard costs developed for

  A loss on disposal of a segment would be reported in the

a loss on disposal of a segment would be reported in the income statement as anadministrative expenseother

  What is a lease and how is it used as a financing vehicle

what is a lease and how is it used as a financing vehicle? how are leases accounted for within the firms financial

  The internal revenue code is the most authoritative source

the internal revenue code is the most authoritative source of income tax law. in trying to resolve an income tax

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd