Imagine you are one of several accountants on a team of independent auditors hired by a radical CFO to evaluate the corporations write up practices and interpretations. Upon your earlier findings, you suspect possible fraud. The following red flags you see charter the following: 1. Leases on technology assets seem inflated 2.Understatement of e-Commerce state evaluate payments 3.Fictitious employees receiving post-employment benefits 4.Hiding cash in order to help in future day quarters where earnings do not meet psychoanalysts expectations 5.Concealing inventory shrinkage because it seems low for the industry Write an 8-10 scalawag paper in which you: 1. Research the appropriate GAAP rules that go away assist you in determining if fraud is taking distinguish in each of the five (5) scenarios mentioned above. 2. In your opinion, as a body of rules and regulations, discuss whether or not these rules are fit to minimize fraudulent activities in organizations. 3. Explain the consequences of the fraudulent activities to the organization. 4. commend how each red flag can be corrected. suck who and what is involved. 5. Recommend internal controls to prevent these red flags from reoccurring in the future. follow who and what is involved. 6. Incorporate at least five (5) reputable sources to sustain your paper.
Your appointment moldiness: * Be typed, double spaced, using times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any excess instructions. * Include a cover rogue containing the tile of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required page length. The specific course learning outcomes associated with this assignment are: * Analyze accounting situations to apply the proper accounting rules and make recommendations to ensure compliance... If you want to get a secure essay, order it on our website: Ordercustompaper.com
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