fraud Archives - Essay Quoll

How much additional revenue must each company generate to recover the losses from the fraud? Why are these amounts different? Which company will probably have to generate less revenue to recover the losses?

Posted on February 24, 2023 by Assessments

The Case of Clever Inc Clever, Inc., is a car manufacturer. Its 2015 income statement is as follows: Clever. Inc. Income Statement for the Year Ended December 31, 2016 Sala moor 5204:00 Less cost of goods sold Coals =non Eapansis Nei income Alexander, Inc, is a car rental agency based in Florida. Its 2015 income […]

List five tests of controls that can be performed for the payroll and personnel cycle and state the purpose of each control tested.

Posted on February 16, 2023 by Assessments

1. List five tests of controls that can be performed for the payroll and personnel cycle and state the purpose of each control tested. 2. Explain the circumstances under which an auditor should perform audit tests primarily designed to uncover fraud in the payroll and personnel cycle.

Describe whether the auditor is more concerned about the occurrence or completeness objective related to cash receipts.

Posted on February 11, 2023 by Assessments

EFFECT OF RESULTS OF TESTS OF CONTROLS AND SUBSTANTIVE TESTS OF TRANSACTIONS 1. Describe whether the auditor is more concerned about the occurrence or completeness objective related to cash receipts. 2. How might the write-off of accounts receivable increase the risk of fraud related to cash receipts?

Which action regarding fraud is an activity related to performance of risk assessment procedures?

Posted on February 10, 2023 by Assessments

The following questions address fraud risk factors and the assessment of fraud risk. a. Which action regarding fraud is an activity related to performance of risk assessment procedures? (1) Document the results of procedures used to address the risk of fraud. (2) Discussions among the engagement team members regarding the risks of mate- rial misstatement […]

Define risk in auditing. Distinguish the different types of risk assessment procedures. Understand important auditor considerations related to the risk of material misstatement due to fraud. Describe the auditor’s responsibility to identify significant risks.

Posted on February 10, 2023 by Assessments

Define risk in auditing. Distinguish the different types of risk assessment procedures. Understand important auditor considerations related to the risk of material misstatement due to fraud. Describe the auditor’s responsibility to identify significant risks. Describe the audit risk model and its components. Assess acceptable audit risk. Consider the impact of several factors on the assessment […]

What is the Fraud Triangle? Identify three examples of how fraud can be detected Identify three fraud “motives” why a person would commit fraud? Identify three “rationalization” reasons why a person would commit fraud?

Posted on November 27, 2022 by Assessments

From the article “What are the Seven Internal Control Procedures in Accounting” How can small businesses, with only a few employees, implement the separation of duties internal control? How long does it typically take fraud to be detected? Access Controls, one of the seven accounting internal controls, refers to what? Standardizing documents refers to what? […]

Have pension funds in your community or state been victimized by white-collar criminals? What were the effects of the fraud?

Posted on September 16, 2022 by Assessments

Pension Scams Have pension funds in your community or state been victimized by white-collar criminals? What were the effects of the fraud? What happened to the perpetrators? If you cannot find a case in your state, you can discuss one from outside of your area. Use research to support your post. http://www.youtube.com/watch?v=T-qBcXqtjMc

How was Melissa Robinson able to commit fraud without detection?Explain

Posted on February 21, 2022 by Ambrose

Read the case study: A Wolf In Sheep’s Clothing, beginning on page 121 of the textbook and complete the following: Answer the following questions: How was Melissa Robinson able to commit fraud without detection? (List and explain at least three) What controls could have prevented this fraud from occurring? (List and explain at least three) […]

Fraud is a growing concern in the UK.Are the UK’s current Fraud Prevention strategies fit for purpose?Explain

Posted on July 31, 2021 by Ambrose

Fraud is a growing concern in the UK.Are the UK’s current Fraud Prevention strategies fit for purpose?

Research fraud cases that involved agency conflicts.What recommendations do you have to stop such a fraud relating to this conflict of interest?Discuss

Posted on March 16, 2021 by Ambrose

Research fraud cases that involved agency conflicts. Provide the following: · Overview of the organization · Who was involved? · How was the fraud committed? · What was the outcome? · What recommendations do you have to stop such a fraud relating to this conflict of interest? Business School Assignment Instructions The requirements below must […]