Tom works for ZYX Company and is suspected of embezzling funds from the company. By searching databases

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Tom works for ZYX Company and is suspected of embezzling funds from the company. By searching databases on the Internet, talking with his ex-wife, and searching through his trash, you gather the following information:

Assets ...... $120,000
Liabilities ....... 70,000
Living expenses ... 50,000
Known income ..... 60,000
Prior year’s net worth .. 10,000

1. Use these data to figure out Tom’s income from unknown sources by performing a net worth calculation.
2. How can this information be used to motivate Tom to confess that he has stolen from ZYX Company?

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Related Book For  book-img-for-question

Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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