Question: Management and Internal Control Please respond to the following: e-Activity: Use the Internet to research at least two (2) accounting scandals within the past five
Management and Internal Control Please respond to the following:
e-Activity: Use the Internet to research at least two (2) accounting scandals within the past five (5) years. Be prepared to discuss.
- Create a scenario where external auditors determined that a company's internal controls were deficient, but such a deficiency might not mean that a material weakness existed. Ascertain the impact on the audit plan if additional deficiencies are discovered on other related internal controls. Support your position.
- Fromthee-Activity,identifytheaccountsthatthefraudhadaffected,andanalyzetheauditorsresponsibilitytodetectfraud.Suggestkeyinternalcontrolsthatwouldhaveeitherpreventedordetectedthefraudulentbehaviorortransactions.Justifyyourresponse.
Hello can you please answer the following two questions?
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