Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Accounting Assignment

Make it 8 pages

cover page not required

choose one case and describe about it and answers all of the questions

http://www.sec.gov/litigation/complaints/2006/comp19740.pdf

And the action items are:

*Action Items*

1. Identify three organizations from the past five years that have had fraud related problems (e.g., fraudulent financial statements, violation of laws, indictment or conviction of employees committing fraudulent acts, etc.). Be sure to select three organizations that have enough information available to complete an effective research analysis.

2. E-mail your professor your selections by the end of Week 4. Be sure to include a one paragraph description of the fraud related problem(s) associated with each organization. Your professor will then notify you which of the three organizations to use in completing your research paper.

3. Research your organization with the goal of addressing all of the following:

1. First of all, need deep introduction about the case.

2. Identify and explain the fraud issue.

3. Identify the individuals involved in the fraudulent act(s), explain their role, and explain how they were able to commit the fraud (i.e., what factors were not present in the organization that allowed them to commit the fraud).

4. Identify and explain the laws, rules, ethics that were violated by the fraudster(s) (e.g., Sarbanes-Oxley Act of 2002, Financial Accounting Standards Board pronouncements, Public Company Accounting Oversight Board pronouncements, American Institute of Certified Public Accountants pronouncements, Securities and Exchange Commission pronouncements, etc.).

5. Explain the impact on affected stakeholders (e.g., stockholders, employees, creditors, suppliers, customers, etc.).

6. Identify what measures could have been taken to prevent the fraud committed or detect it earlier.

2. Write an 8-10 page, double-spaced paper addressing the items in Action Item 3. above. Be sure to follow proper APA formatting in all your citations.

3. If there is any auditor or auditor committee involve describe their names, what they do, how they figure out fraud etc.

4. Attach a reference page to your paper using proper APA format listing the authoritative resources you utilized.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92199231
  • Price:- $110

Priced at Now at $110, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Case study oneon 1 january 2017 nicolaidis ltd purchased

Case Study One: On 1 January 2017, Nicolaidis Ltd purchased two identical new machines at a total cost of $700 000 plus GST. It was estimated that the machines would have a useful life of 10 years and a residual value of ...

Question public companies have to file their annual reports

Question: Public companies have to file their annual reports to the Securities and Exchange Commission. There are rules that companies are required to follow. Domestic issuers must submit annual reports on Form 10-K, qua ...

Question - in its first month of operations swifty

Question - In its first month of operations, Swifty Corporation made three purchases of merchandise in the following sequence: (1) 290 units at $5, (2) 390 units at $7, and (3) 490 units at $8. Assuming there are 190 uni ...

Question - calculate the break-even in dollars given the

Question - Calculate the break-even in dollars given the following information: Sales per unit of $40, variable costs of $15, fixed costs of $15,000, and a desired profit of $20,000. What is the break-even in dollars?

Question - on january 1 2017 boston enterprises issues

Question - On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. Explain how it ...

Questions - q1 during 2017 belen paid the following

Questions - Q1. During 2017, Belen paid the following taxes: Property taxes on residence (paid from escrow account)$1,550Property tax portion of car registration (based on value) 400Property taxes on land held for long-t ...

Question - revenue recognitionmidwest health club mhc

Question - Revenue Recognition Midwest Health Club (MHC) offers 1-year memberships. Membership fees are due in full at the beginning of the individual membership period. As an incentive to new customers, MHC advertised t ...

Question - merchandise accounts and computationskleiner

Question - Merchandise accounts and computations Kleiner Merchandising Company Accumulated depreciation$700 Beginning inventory 5,000 Ending Inventory 1,700 Expenses 1,450 Net Purchases 3,900 Net Sales 9,500 Krug Service ...

Question - on the last day of the fiscal year a co-worker

Question - On the last day of the fiscal year, a co-worker asks for a check to be cut for $2,000 as a miscellaneous expense for supplies for a project for a VIP customer today. The invoice looks a little different from o ...

Question - the following information pertains to hagen

Question - The following information pertains to Hagen Metal Work's ending inventory for the current year: Item Quantity Unit Cost Unit Market Value C 90 $24 $16 D 75 22 20 K 40 25 28 M 22 15 17  Required - a. Determine ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As