Assignment OverviewUnit 3 - Individual Project

ASSIGNMENT DESCRIPTIONDeliverable Length: 5 pages minimum OBJECTIVES

Assignment Details The classification of the specific type of fraud that is alleged is important to ensure that the correct investigation and data collection methods are used. The fraud tree is a framework that is used to categorize the type of fraud that is being investigated. The fraud tree has the following three main branches:

Corruption

Asset misappropriation

Financial statement fraud

You are a new manager at the XYZ Accounting firm. Your team has been asked to analyze the fraud tree (asset misappropriation) and write a brief report. Your report about the fraud tree will be presented to senior leadership. Select 1 box from each branch (cash, inventory, and all other assets and fraudulent disbursements). Include the following in your 5-page analysis:

Your definition of the schemes from the fraud tree (i.e., you need 3 different schemes from different branches)

A real-world example from your research about the fraud schemes that you chose

An overview of the results of the investigation from the standpoint of conviction, termination, fines, or other measures

Potential measures that could have prevented the fraud scheme