Write a paper in which you:

1. Evaluate the level of sox regulations that applies to for-profit and not-for-profit health care organizations, indicating whether or not mandating sox requirements for non-profits might reduce fraud and increase corporate governance. Provide support for your rationale.

2. Determine whether sox has been effective in regulating ethical behavior of for-profit health care organizations. Defend your position.

3. Determine whether deficiencies existed in the environment, and suggest ways to improve audit trails, data integrity, and policies and procedures in order to reduce the risk of fraudulent activity.

4. Review the audit report issued by the external auditing firm from the company's website for the year it was accused of fraud. Then, determine whether the external auditors were negligent in preparing the audit report for the company. Formulate an opinion regarding which internal control was deficient or what GAAP was violated. Defend your position.

5. Determine what provision(s) of sox was / were violated in the health care fraud case in question. Indicate whether or not sox adequately provide sanctions to deter the behavior or if changes are needed to the regulations to remedy the issue(s) and thus ensure compliance.

6. Based on the fraudulent activity that occurred, recommend two (2) improvements to the internal control environment to reduce those occurrences. Provide detailed recommendations.

Answer rating: 100% (QA)

Introduction Pharma CARE is one of the leading companies in pharmaceuticals The company should be at the forefront ensuring that they do their best to keep out of trouble It is embarrassing for such a ... View the full answer