Question: Can you help me by completing this question? ASSIGNMENT DESCRIPTION For this assignment, you are expected to select one of the following accounting scandals: -


Can you help me by completing this question?
ASSIGNMENT DESCRIPTION For this assignment, you are expected to select one of the following accounting scandals: - Enron (2001) - WorldCom (2002) - Lehman Brothers (2008) - Waste Management (1998) - Tyco Scandal (2002) Your analysis of the research has a 2000-word limit, and should clearly cover the following areas: - An introduction of the company, products/services that it provides and history of the business. - Explain the accounting scandal: - What occurred in the scandal? - How was the scandal identified? - What was the dollar value of fraudulent transactions? - Utilizing the fraud triangle, discuss how all the aspects of the fraud triangle were met. - Provide three-five recommendations of internal controls that could have helped prevent the fraud. The recommendation should include the following: - Explain the current weakness of a process - Explain the risk associated with that weakness mentioned above - Explain a control that would reduce/eliminate the weakness - A proper conclusion based on the performed research, considering all the above aspects. This assignment is worth 15% of your overall grade. It will allow you to demonstrate your understanding of the following concepts covered during Day 1 and 5: - CLO 1. Explain the general principles that guide the accounting process in making business decisions. - CL0 4. Explain how internal controls help improve operations and prevent fraud. You should organize your document professionally with appropriate sections that are ordered in a logical manner, a title page, a table of content, and a list of references (preferably following APA formatting). You will have the opportunity to discuss this assignment with your classmates and ask your instructor questions during class, any day before the deadline. If you have questions about any of your answers for this assignment, make sure to bring them to your instructor's attention. The
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
