What are the benefits of a comprehensive control program

Assignment Help Operation Management

Reference no: EM1386458

Management is aware of the increased requirements for a public company to maintain a system of internal control to help prevent and detect fraud. The CEO, Mary Moore, is also interested in using a proactive posture toward building an antifraud prevention program, including exploring using a proactive auditing approach to fraud discovery. The internal auditor and the external fraud investigator as well as accounting and consulting firms have discussed proactive approaches for detecting fraud.

Management is aware that eliminating the opportunity for fraud is critical. Recently, the Institute of Internal Auditors (IIA), the American Institute of Certified Public Accountants (AICPA), and the Association of Certified Fraud Examiners have adopted a comprehensive guide for managing the business risk of fraud.

Please answer the following questions in preparing this 4-6 page paper. As you answer each question, you must provide support or evidence that will enhance and empirically prove your answers. Academic criminal justice articles or real life criminal justice findings that are not found in journals or other academic sources must be used in supporting your answers. Please use APA style for all cited sources, including your reference page.

What are the benefits of a comprehensive control program? If you were advising this corporation, what would be the specific benefits for them?

Reference no: EM1386458

Questions Cloud

Procedures that should be considered for detective controls : What would be the procedures that should be considered for detective controls, including independent checks and a system for documents and records?

What is the wavelength of the longest probable standing wave : An 80.7-kg jogger is heading due east at a speed of 1.950 m/s. A 53.60 kg jogger is heading 33.1° north of east at a speed of 2.89m/s. compute the magnitude (enter first) and direction of the sum of momenta of the two joggers.

Individual income tax return project : Prepare the 2011 Federal Individual Income Tax return for Adam & Mary Smith, based on the information supplied above. You may use tax software, OR you may manually prepare the return using the correct IRS forms for 2011.

Standard deviation for the problem of presidential election : In the 1992 U.S. presidential election, Bill Clinton received 43% of the vote compared to 38% for George H. W. Bush and 19% for Ross Perot. Suppose we had taken a random sample of 100 voters in an exit poll and asked them for whom they had voted.

What are the benefits of a comprehensive control program : What are the benefits of a comprehensive control program? If you were advising this corporation, what would be the specific benefits for them?

What is the greatest speed that the car can take the corner : A freight train has a mass of 2 multiplied by 107-kg. If the locomotive can exert a constant pull of 12.50 multiplied by 105-N, how long would it take to enhancement the speed of the train from rest to 85.00 km/h.

Compute specific growth rate and the doubling time : A simple batch fermentation of an aerobic bacterium grown on methanol gave the given experimental results:

Write constructor which needs two string parameters : Generate a class named Student which includes String data fields for firstName and lastName. Prepare a constructor which needs two String parameters to populate firstName and lastName fields.

Approximate one-sided lower confidence limit for theta : Note that under the exponential assumption, P(X>t) = exp(-t/theta). If t=5, use the result from (a) to find an approximate one-sided lower 95% confidence limit for theta.

User Account

All Pages