Although three general methods of committing financial statement fraud have been identified, one of these methods is
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
In committing financial statement fraud the method ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Why are repeated games more likely to be cooperative than one-shot games?
-
Why are audit tests more likely to be conducted at or after year end for high-risk clients than for low-risk clients? Explain.
-
Why is ventricular fibrillation more likely to be life-threatening than atrial fibrillation?
-
Gregorian Company has recently issued bonds that are convertible into stock at the bondholders request. The interest rate on the bonds is ridiculously low because it is expected that most holders...
-
In 2013, 4579 runners completed the Great Cow Harbor 10K Run in Northport, New York. Their ages (in years) are de- scribed by the density histogram in Fig. 27. a. Find the probability that a randomly...
-
Christianity played a significant role in the history of abnormal psychology. Discuss this reality and how this role has shaped modern Christian understandings of abnormal psychology.
-
The bicycle is a simple machine. True or False
-
The following is a list of selected accounts and ending account balances taken from the books of the Adams Company on December 31, 2007: Account Title Amount Premium on preferred stock .......... $...
-
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $2,100 and the variable cost per cup of coffee served is $0.52....
-
One hundred pound-moles per hour of a mixture of 60 mol% methanol in water at 30oC and 1 atm is to be separated by distillation at the same pressure into a liquid distillate containing 98 mol%...
-
Compare the three main groups of people who may commit financial statement fraud, and describe their potential reasons for the fraud.
-
What is the generally accepted accounting principle known as matching? Describe how a company may be involved in fraud that violates this principle.
-
Write a unit conversion program that asks the users from which unit they want to convert (fl. oz, gal, oz, lb, in, ft, mi) and to which unit they want to convert (ml, l, g, kg, mm, cm, m, km). Reject...
-
Cameron is saving for his retirement 20 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $129.00 at the end of each month for the next 11 years....
-
3. Write half a page on the following: i. ii. Discuss semantic web and Al. Discuss the Semantic web and traditional web. What are the advantages of semantic web over traditional web. iii. Natural...
-
Find the limit of the sequence as n approaches infinity: ap= 2n-7 5n+8 Preview
-
There exists a close connection between high fertility, land tenure insecurity of the poor, land distribution, the low status of women among the poor, poor property rights, the dependence of the poor...
-
Assume that the explicit cost of a college education was $40,000 ($10,000 a year for four years). Assume also that by choosing to go to college you have deliberately forgone $120,000 in potential...
-
Having answered the previous four questions, do you think in retrospect that you made a reasonable decision? What, if anything, might you do to improve your ability to make good decisions in the...
-
How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?
-
Find an example of a spaghetti plot and click on the image. You can answer the following questions using either the default variables and cases, or else use the menu on the left to select variables...
-
Multiple Choice Questions: 1. Which of the following issues is not dealt with in The United Nations Convention against Transnational Organized Crime and its Protocols? a. Money laundering. b....
-
Multiple Choice Questions: 1. Which LCN boss assisted the U.S. government in World War II? a. Al Capone. b. Salvatore Maraano. c. Lucky Luciano. d. None of these. 2. Who became acting boss of LCN...
-
Multiple Choice Questions: 1. Which of these has traditionally been one of LCNs most fundamental sources of power? a. Narcotics. b. Loan-harking. c. Labor racketeering. d. None of these. 2. What is...
-
5 If 0 = then 4 cos(0) = sin(0) =
-
Determine the reactions of the given beam using slope deflection method. P = 25 kN, P2 = 25 kN, and w = 25 kN/m P1 P2 2m B 2m C 4m 21 Numerical answer in 4 decimal places and positive values only: RA...
-
Using Fourier Transforms, solve the following integral Equation for ((t) f (t) - ( ( ( t -u) ue - 2 u H (u) du = foo_flt -4t e H(t)
Study smarter with the SolutionInn App