Go to the SEC (Security and Exchange Commission)'s website, click on the Enforcement tab, and then click
Question:
Go to the SEC (Security and Exchange Commission)'s website, click on the Enforcement tab, and then click on Litigation Releases.
Choose a Litigation Release Number to analyze that deals with one of the following issues:
Company pushing net income or profits intentionally into the future
Company purposely inflating reported revenues
Company intentionally deflating or decreasing reporting expenses Ponzi scheme(s) Shell company
Company intentionally increasing the number of reported assets "Pump and dump" scheme An oil and gas promoter
Bernard (Bernie) Madoff Foreign Corrupt Practices Act (bribery) Kickbacks Mark Cuban
The backdating of stock options
The misappropriation of assets An external accountant
Select a Litigation Release Number within the past five years of the date of your posting dealing with one of the above issues. Analyze an issue of personal or professional interest to you. Additionally, discuss how a forensic accountant can identify or help the company involved to fight, detect, or prevent the scheme(s) and/or issue(s) that you addressed from the Litigation Release.
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks