Discussion topic and complex frauds

Assignment Help Financial Management

Reference no: EM13976259

Discussion topic: Complex Frauds

Auditors often fail to detect financial fraud in companies they are auditing because the perpetrators have concealed the fraud well in a complex manner.

What are the components that make a fraud complex?

What role does collusion play in complex frauds?

Research the internet and find an example of a complex financial fraud and discuss the fraud act, how it was concealed, and what benefit was obtained by the perpetrator.

Respond per your Syllabus guidelines.

Reference no: EM13976259

Questions Cloud

Find on each of a companys financial statements : What information would you expect to find on each of a company’s financial statements? Provide examples of the various parties that use this information, and explain how they use the information.

Implementation of an efficient cash collection system : Comment on the major issues involved in the structuring and implementation of an efficient cash collection system. Comment on some of the problems that can have an adverse effect on a cash concentration system.

Increase the future value of a lump sum investment : Which of the following will increase the future value of a lump sum investment? I. Decreasing the interest rate II. Increasing the interest rate III. Increasing the time period IV. Decreasing the amount of the lump sum investment

The current price of a common share : To expand his portolio, Jorge recently purchased 275 shares of common stock in the Wellington Industries. The current market price of Wellington's common stock is $22.25 per share. Jorge's total wealth from his investment in Wellington Industries is:..

Discussion topic and complex frauds : Auditors often fail to detect financial fraud in companies they are auditing because the perpetrators have concealed the fraud well in a complex manner. What are the components that make a fraud complex? What role does collusion play in complex fraud..

Provide an approximate value of the initial cash flow : Create your own example of Capital Expenditure From any chosen company. Describe and provide an approximate value of the initial cash flow. Describe and provide an approximate value of the annual cash flows. Provide an estimation of the life of the p..

What is the companys cost of common equity : Javits & Sons’common stock currently trades at $30.00 a share. It is expected to pay an annual dividend of $3.00 a share at the end of the year D1 $3.00 , and the constant growth rate is 5% a year. What is the company’s cost of common equity if all o..

Use monetary and fiscal policy fixes : Let's say that you're the Fed chairperson and that the country is in a recession. What actions should the Fed take in order to pull the country out of the recession? What would you advise government officials to do to improve the economy? Please use ..

Find the forward price F of forward contract maturing : Find the forward price F of a forward contract maturing in 1 year, given that the current price of the underlying stock is 150 and that the 1-year risk-free return on bonds is 18%. Mike takes a loan of P dollars from a bank today. In return he has to..

User Account

All Pages