Question: Please need some help with this case. Just for Feet Inc and answering these 2 questions using the case below https://blackboard.stonybrook.edu/bbcswebdav/pid-4259314-dt-content-rid-28746150_1/courses/1178-ACC-400-SEC01-93716/Group%204%20-%20Just%20For%20FEET%2C%20Inc..pdf 1. Actions to Prevent
Please need some help with this case. Just for Feet Inc and answering these 2 questions using the case below
https://blackboard.stonybrook.edu/bbcswebdav/pid-4259314-dt-content-rid-28746150_1/courses/1178-ACC-400-SEC01-93716/Group%204%20-%20Just%20For%20FEET%2C%20Inc..pdf
1. Actions to Prevent or Detect the Fraud
Present your teams assessment regarding what specific actions the company and/or auditor could have taken to prevent the fraud. Try to incorporate class material in this section. For example, if you identified weaknesses with corporate governance, auditors lacking independence, risks that were not adequately considered, or inappropriate actions taken by auditor, then you should try to provide specific actions that could have been taken by a party to prevent or detect the fraud.
2.Inherent Risks
Incorporate your knowledge about risk management to discuss specific risks inherent to your company.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
