Accounting and audit enforcement

Assignment Help Accounting Basics

Reference no: EM13785672

1. Evaluate the level of SOX regulations that applies to for-profit and not-for-profit health care organizations, indicating whether or not mandating SOX requirements for non-profits might reduce fraud and increase corporate governance. Provide support for your rationale.

2. Determine whether SOX has been effective in regulating ethical behavior of for-profit health care organizations. Defend your position.

3. Determine whether deficiencies existed in the IT environment, and suggest ways to improve audit trails, data integrity, and policies and procedures in order to reduce the risk of fraudulent activity.

4. Review the audit report issued by the external auditing firm from the company's Website for the year it was accused of fraud. Then, determine whether the external auditors were negligent in preparing the audit report for the company. Formulate an opinion regarding which Internal Control was deficient or what GAAP was violated. Defend your position.

5. Determine what provision(s) of SOX was / were violated in the health care fraud case in question. Indicate whether or not SOX adequately provides sanctions to deter the behavior or if changes are needed to the regulations to remedy the issue(s) and thus ensure compliance.

6. Based on the fraudulent activity that occurred, recommend two (2) improvements to the internal control environment to reduce those occurrences. Provide detailed recommendations.

7. Use at least four (4) quality academic resources in this assignment.Note:Wikipedia and other Websites do not qualify as academic 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:

Evaluate internal controls within an organization and create a risk assessment.

Analyze ethical theories to evaluate a decision-making process to determine compliance with professional codes of ethics.

Evaluate the health of organizations to assess the level of risk in an audit engagement.

Evaluate financial data for potential fraud and prepare an audit approach for detecting fraud.

Assess the risk of financial misstatement in an IT-based environment.

Use technology and information resources to research issues in accounting management.

Write clearly and concisely about accounting management using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper.

Reference no: EM13785672

Questions Cloud

Automobile collision losses problems : Which distinct legal characteristic of insurance contracts states that only the insurer's promise to perform is legally enforceable?

Define issues related to transnational it operations : Write a 4- to 6-page paper about various aspects, advantages, disadvantages, and issues related to transnational IT operations. Address the following:

The nature of the dilemma : Write a 700- to 1,050-word paper in which you discuss an ethical dilemma from a current story in the news. The nature of the dilemma

Examine the major benefits for an organization to use ssds : Examine the major benefits for an organization to use SSDs. Analyze the major disadvantages and possible hazards that an organization should consider before adopting SSDs.

Accounting and audit enforcement : Accounting and Audit Enforcement.

Discussing the genetic or physiological evidence : Write a 1,400- to 2,100-word paper discussing the genetic or physiological evidence that supports the notion that biology played a key role in explaining the offender's criminality

Robinson describes integrity as a virtue : How have historians tended to treat typically male tendencies versus typically female tendencies?

What was the standard deviation of all the scores : Whats the probability that he'll shoot par or better on at least four of the last five holes -what can the house expect to receive for each roll of the dice - Whats the probability that he'll shoot par or better on at least four of the last five hole..

How would you define leadership : How would you define leadership

User Account

All Pages