The international accounting firm Ernst & Young performed a global survey on fraud. The results of that

Question:

The international accounting firm Ernst \& Young performed a global survey on fraud. The results of that survey are summarized in a report titled 15th Global Fraud Survey 2018. You can find this report by doing an Internet search on the title.

Instructions

Read the Executive Summary section and then answer the following questions.

a. What percentage of respondents said that bribery/corruption practices occur widely in business in their country? What percentage of respondents would justify cash payments to win/retain business when helping a business survive an economic downturn?

b. What were the findings regarding the relationship between a respondents age and whether they would feel justified in engaging in fraud or corruption to meet financial targets or help a business survive an economic downturn?

c. Respondents were asked who among five possibilities was responsible for ensuring that employees behave with integrity? What percentage of respondents chose each of the following: legal and compliance department, human resources department, board of directors, individual responsibility, and management. Discuss who you think is responsible.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119791089

10th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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