Describe effect of occupational fraud and abuse on company

Assignment Help Accounting Basics
Reference no: EM131326556

Individual Internal Accountants Report to Management

You are the internal accountant at a company that is preparing for an upcoming government contract bid. The management in your company is deciding if it is necessary for the company to perform a full financial status review prior to the bid. As an internal accountant, prepare a report for management that provides supporting information for a full financial status review prior to the bid.

Write a paper of no more than 1,050 words that includes the following sections:

· Section I: The effect of occupational fraud and abuse on the company
· Section II: U.S. governmental oversight of accounting fraud and abuse and its effect on the company
· Section III: Potential corruption schemes to be aware of in the company
· Section IV: Recommendation of types of accounting evidence and methods of gathering such evidence to support the financial status review

Format your paper consistent with APA guidelines.

Reference no: EM131326556

Questions Cloud

Explain internal control principle that csc violated : For each finding above, indicate internal control principle that CSC violated. For each finding above, provide an appropriate recommendation for CSC to correct the weakness.
Name the four major classes of mortgage related securities : Name the four major classes of mortgage-related securities. As an issuer, explain the reasons for choosing one type over another.
Find the autocorrelation functions for the msk : Determine the autocorrelation functions for the MSK and offset QPSK modulated signals based on the assumption that the information sequences for each of the two signals are uncorrelated and zero-mean.
Difference between cmo with and without the accrual class : What is the purpose of the accrual tranche? Could a CMO exist without a Z class? What would be the difference between the CMO with and without the accrual class?
Describe effect of occupational fraud and abuse on company : ACC 556- The effect of occupational fraud and abuse on the company. U.S. governmental oversight of accounting fraud and abuse and its effect on the company.
Determine the equilibrium level of output in market : Consider a Bertrand oligopoly consisting of four firms that produce an identical product at a marginal cost of $120. The inverse market demand for this product is P= 600 - 3Q. a. Determine the equilibrium level of output in the market.
Primary distinction between mortgage related securities : What is the primary distinction between mortgage-related securities backed by residential mortgages and those backed by commercial mortgages?
Discuss the aspects of your personality : Discuss which aspects of your personality have remained consistent and which aspects of your personality have changed over time. Then, analyze the roles of nature and nurture in shaping your personality. Subsequently, discuss possible sources of i..
Explain what changes should be made to sarbanes-oxley act : ACC 564- 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.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Every time i open a new worksheet or a previously saved

is there a way to permanently change the page layout to fit to page on excel 2011 mac?recently switched fromm pc to

  Charley companys assembly department has materials cost at

charley companys assembly department has materials cost at 3 per unit and conversion cost at 6 per unit. there are 9000

  Break-even point-total revenue

St. Joseph hospital has overall variable costs of 30% of total revenue and fixed costs of 42 million per year. Compute the break-even point expressed in total revenue.

  The regular pattern of collection of credit sales is 20 in

the pots company has obtained the following sales forecast datajanuary cash 80000 credit 240000february cash 70000

  Xyz company had 500000 common shares authorized 250000

xyz company had 500000 common shares authorized 250000 shares issued. they had 22000 shares in treasury stock. they

  Channel corporation and the dock corporation reported

During 2014 the Channel Corporation and the Dock Corporation reported net incomes of $90,000 and $130,000, respectively.

  General inventory issues

(General Inventory Issues) In January 2014, Susquehanna Inc. requested and secured permission from the commissioner of the Internal Revenue Service to compute inventories under the last-in, first-out (LIFO) method and elected to determine inventor..

  Brorsen inc has just designed a new product with a target

brorsen inc. has just designed a new product with a target cost of 64. brorsen requires new product to have a profit of

  Determining manufacturing and net income

The Adler Company manufactures a product with a unit variable cost of $50 and a unit sales price of $88. Fixed manufacturing costs were $240,000 when 10,000 units were produced and sold.

  Mauve corporation began operations as a farm supplies

mauve corporation began operations as a farm supplies business and used a fiscal year ending october 31. the company

  Following problems based on the megaware case study

Megaware, Incorporated is a technology firm that was founded eight years ago by John Thompson and Jill Dillman. Megaware manufactures various hardware and software components. Its products are used in personal computers and other peripheral device..

  Identify the audit risks associated with and draw the detail

Identify the audit risks associated with and draw the detailed audit plan to carry out the audit

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