Visit the AICPA website (www.aicpa.org (Links to an external site.)). Research and review Managing the Business Risk of Fraud: describes the 5 Principles for any type of organization to proactively establish an internal environment to effectively manage an organization's fraud risks.

Research "managing fraud risk" in the CSU-Global Library.

Using at least three articles and/or journals that you identify in your research, write an essay explaining examples of how an organization can apply effectively each of the 5 Principles, individually, within an organization to manage its fraud risks. Also include, under each of the 5 Principles, how a Forensic Accountant engaged by the organization would go about estimating or predicting if an organization has/had effectively applied measures to manage each fraud risk.

Answer rating: 100% (QA)

Managing the Business Risk of Fraud Introduction Business entities need a reputation associated with integrity to safeguard public trust and market confidence Unfortunately some business practices suc... View the full answer