24 May 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
>
> nd 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.
> 1. First of all, need deep introduction about the case.
> 2. Identify and explain the fraud issue. (10 points)
> 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). (20 points)
> 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.).
> (20 points)
> 5. Explain the impact on affected stakeholders (e.g., stockholders,
> employees, creditors, suppliers, customers, etc.). (20 points)
> 6. Identify what measures could have been taken to prevent the fraud
> committed or detect it earlier. (30 points
> 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.
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