Represent a company that does not currently have an accounting information system $($AIS$)$ established. Make sure you clearly identify the business line, product type, and market position. Identify at least four different areas where there could be potential accounting fraud in a company. Make sure you elaborate on your reasoning for why accounting fraud could occur as well as the financial implications on the organization.  

Answer rating: 100% (QA)

Lets create a hypothetical company for this exercise Our company Acme Widgets Incorporated manufactures widgets This company is a leader in its local market but has recently begun exporting to interna... View the full answer