1. Summarize important aspects of auditing and accounting theory class.

2. In Check Fraud class, describe elements of the fraud; what makes the check N.G.?

3. Identity theft; what are major steps to take to protect oneself.

4. Describe an Embezzlement investigation?

5-7.There is many types of ongoing scams today, in the world of Financial Crimes. Describe three and how to avoid them?

8. Remember for any investigations, there are three (3) simple, yet very important questions to ask. What are they and apply to Financial Crime?

9. What does the old saying “follow the money” refer to in a financial investigation?

10. Critical thinking. Richards Paul, Ph. D. Director of Research of the Center of Critical Thinking at Sonoma University defined critical thinking as “the intellectually discipline process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by observation, experience, reflection, reasoning, or communication” What does the above definition mean, in your interpretation?

11. What is a “Bitcoin” and who invented them? How are they used for criminal activity?

12. Research the FBI web page and report how this site can be helpful to Financial Investigations?

13. What is fraud?

14. Why was Charles Ponzi so successful with his fraud scheme?15. In your own words describe a CFE

16. What types of people commit fraud?

17. What is the fraud triangle, and why is it important?

18. What are some common factors that provide opportunities for fraud?

19. Why is fraud prevention so important?

20. Describe the evidence square

21. How is the evidence square useful in thinking about fraud investigation?

22. Why is it important to detect fraud early

23. Why is it important to conduct a thorough fraud investigation when fraud is suspected?

24. How can organizations monitor their employees?

25. In what ways can organizations conduct proactive fraud auditing?

Answer rating: 100% (QA)

Fraud Investigation Short AnswerEssay 1 Accounting theory refers to some setoff assumptions and methodologies that are used in coming up with financial reporting It involves the historical basis of ac... View the full answer