What should oteal do differently

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Reference no: EM133904191

Problem

Oteal is a publicly traded company that had developed and sold pharmaceutical products for the US market since the 1990s. As part of a new ambitious strategy, it began selling products in South America two years ago. Jodi Craft, Oteal's newly promoted Chief Accounting Officer, was concerned that financial control weaknesses put Oteal at risk of potential revenue manipulation and other operational risks. Now, shortly before the company's quarterly financial filing deadline, one of her accounting managers provided Craft with documentation raising concerns of possible accounting fraud at its South American office. Get the instant assignment help. Craft needed to decide what to do. In terms of governance, what should Oteal do differently?

Reference no: EM133904191

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