Assignment on the accounting fraud

Assignment Help Accounting Basics
Reference no: EM13762548

Assignment 1: Accounting Fraud

Use the Internet to research one (1) publicly traded company that committed fraud within the last five (5) years and the fundamental drivers of the fraud.

Write a three to four (3-4) page paper in which you:

1. Briefly describe the selected publicly traded company that committed fraud, and analyze the fundamental drivers of the fraud.

2. Outline an audit plan that could have prevented or detected the fraudulent activity in its earliest stages. Provide a rationale for your response.

3. Determine the key type(s) of audit evidence you would use to execute your audit plan, and evaluate the significance of the identified evidence. Justify your response.

4. Based on the audit plan that you outlined, speculate two (2) areas that might require more extensive sampling and two (2) areas that would require less sampling. Provide a rationale for your response.

5. Use at least three (3) quality academic resources in this assignment. 

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.
  • Include a cover page containing the title of the assignment. 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 and interpret financial statements.
  • Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-?nancial performance measurements.
  • Use technology and information resources to research issues in financial accounting for managers.
  • Write clearly and concisely about financial accounting using proper writing mechanics.

Reference no: EM13762548

Questions Cloud

The american anthropological association : Discuss the significance and any implications that the research described in your article may have for anthropology .
Creating a dynamic web application using php : CREATING A DYNAMIC WEB APPLICATION USING PhP, As you have seen, creating web pages in HTML is not very difficult. However, the web pages you've built in assignment #5 with HTML were static, in that they don't change
Find out the internal controls : Evaluate management's role and obligation to shareholders for maintaining effective internal controls over company resources.
The five essential elements of an enforceable contract : Critical Analysis Paper. Give an example of a contract that you or someone you know entered into (for example, rental agreement, cell phone agreement, property purchase or lease-car, home, furniture, etc.
Assignment on the accounting fraud : Use the Internet to research one (1) publicly traded company that committed fraud within the last five (5) years and the fundamental drivers of the fraud.
What is your assessment of shakespeares suggestion : what is your assessment of Shakespeare's suggestion that we are all "merely players" with parts and scenes--that we work to communicate our identities in set ways?
Define a discussion of the legal impact technology : The Final Research Paper should address a topic that is connected to the content of this course (elements and requirements of a valid contract. issues related to real and personal property
Should firms in the x industry increase price : How did company X incorporate business ethics into their human resource policies - should firms in the X industry increase their price?
Days alive calculator : The context for this assignment (all parts) is a ‘Days Alive Calculator' - a small desktop application for calculating the number of days someone has been alive based on the date of birth and a second date, which may be today's date or some other ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Statement of cash flows by using indirect method

Prepare a statement of cash flows using the indirect method.

  The wood division of fir products inc manufactures wood

the wood division of fir products inc. manufactures wood moldings and sells them externally for 100. its variable cost

  Net loss for financial reporting

The amount that Khan, Inc. reports as a net loss for financial reporting purposes in 2011, assuming that it uses the carryback provisions, and that the tax rate is 30% for all periods affected, is ??

  Very simple and high level, an s corp or an llc

Very simple and high level, an S corp or an LLC

  Find the increase in capital the capital formation from the

if the amount of capital that a company has at time t is ft then the derivative ft is called the net investment flow.

  Condensed data taken from the departmental income statement

condensed data taken from the departmental income statement for nell and company are shown below. miscellaneous selling

  Calculation on the initial cost of investment

CMW LTD is reviewing an investment proposal.The inital costs as well as ther estimnate of thde book value of the investment at the end of each year ,the net after-tax cash flows for each year and the net income for each year are presented in the foll..

  Natsam corporation has 250 million of excess cash the firm

natsam corporation has 250 million of excess cash. the firm has no debt and 500 million shares outstanding with a

  Compute how much the buyer saved by following this strategy

taos company purchased merchandise for resale from tuscon company with an invoice price of 22000 and credit terms of

  The mason manufacturing company began construction of a

the mason manufacturing company began construction of a building to be used as its office headquarters. the building

  Analyze the need for unbiased financial reporting

Analyze the need for unbiased financial reporting. Based on your analysis, determine at least two (2) drivers that may cause financial reporting to be biased. Provide a rationale to support your response. Analyze the audit opinion formulation process..

  Xener inc inc did not pay dividends in 2009 or 2010 even

xener inc. inc. did not pay dividends in 2009 or 2010 even though 49600 shares of its 7.2 70 par value cumulative

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