Everyone is aware of well-known textbook fraud cases such as Enron and WorldCom. Many such cases happened
Question:
Everyone is aware of well-known "textbook" fraud cases such as Enron and WorldCom. Many such cases happened almost 20 years ago; to begin our study of accounting fraud, let's conduct research to gain an understanding of more recent fraud cases that have made the news. Search current news to find an article regarding a company that experienced an accounting fraud incident in the last two years. Briefly review the article and include the proper APA citation as part of your posting.
Incorporate the following information into your initial response:
Based on your reading of the assigned chapters, identify the type of fraud that occurred.
Note the events that contributed to the fraud.
Identify the key players.
Discuss the outcome or results of the fraud.
Recommend changes that should be made in the control environment to prevent this type of fraud from occurring again.
Please Note : You cannot select an article that a classmate has already shared with the class. Therefore, post the reference to your selected article by Tuesday to ensure that you and your classmates have all selected different articles.
By Thursday of this week, submit substantive initial posts of at least 250 words
Forensic Accounting
ISBN: 978-0133050479
1st Edition
Authors: Robert Rufus, Laura Miller, William Hahn