Reference no: EM131291475
Assignment- Fraud in the Accounting Information System
Assignment Submission If you are using the Blackboard Mobile Learn iOS App, please click "View in Browser" Click the link above to submit your assignment.
For this assignment, research the Internet or Strayer databases to locate a firm that was involved in a fraud and / or embezzlement case. Explain how the firm's accounting information system (i.e., components and functions) contributed to the fraud and / or embezzlement. You will need to focus on how each component / function of the accounting information system failed, which resulted in the scandal / case. Write a ten to twelve page paper in which you:
1. Based on the information you researched, assess the failure of the firm's accounting information system to prevent the related fraud / embezzlement.
2. Imagine that the company that you researched uses a third-party accounting system. Evaluate the effectiveness of the firm's stakeholder in the event that a third-party accounting system suffers a breach. Include an assessment of the level of responsibility of the software provider to the business and its clients. Provide support for your rationale.
3. Determine what advances in accounting and / or information technology could have prevented the event from occurring. Provide support for your argument.
4. Evaluate what changes should be made to both the Sarbanes-Oxley Act of 2002 and other current laws in order to make them more effective in deterring companies from committing crimes.
5. Recommend a strategy that the company you indicated may use to prevent future business information failures. Indicate how the company should approach the implementation of your recommended strategy. Provide support for your recommendation.
6. Use at least three quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date.
The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:
• Analyze the business activities that comprise an accounting information system to determine the information needs to support decision-making function.
• Use technology and information resources to research issues in accounting information systems.
• Write clearly and concisely about accounting information systems using proper writing mechanics.
Overall contribution to society
: Suppose that a tire factory produces $825,000 of output and causes $70,000 worth of pollution as a result of production. The tire factory's official contribution to GDP would be ________ and its overall contribution to society would be ________.
|
Write a research paper about the competitive environment
: Research the competitive environment (discuss how you will approach this, such as sources for research or information. This could also include the use of first-hand observation, questionnaires, and surveys.)
|
What is the current gdp growth rate
: What is the current GDP growth rate for the U.S.? Examine the trend over the past few years. What trends interest you? What stage of the Business Cycle would the U.S. economy be in currently given the trends?
|
Provides supporting information for a full financial status
: As an internal accountant, prepare a report for management that provides supporting information for a full financial status review prior to the bid.
|
What changes should be made to both the sarbanes-oxley act
: Evaluate what changes should be made to both the Sarbanes-Oxley Act of 2002 and other current laws in order to make them more effective in deterring companies from committing crimes.
|
Subsidies and taxes can increase or decrease efficiency
: Subsidies and taxes can increase or decrease efficiency. Explain why with examples?
|
Discuss about the external marketing environmen
: Discuss about The External Marketing Environment in the Global Marketplace. and given the answer of the follwing Questions.
|
Post information about the accounts receivable
: Reading the notes to the financial statements, as well as the balance sheet, post information about the Accounts Receivable for your company. Who owes the company money?
|
Draft a formal proposal to the local school board
: Based on the ideas listed, draft a formal proposal to the local school board, outlining your plan to offer healthier alternatives to soft drinks and prepackaged snack foods. Invent any details you need to complete your proposal.
|