ACC 562 Wk 7 Assignment 3 F&C International

ACC 562 Wk 7 Assignment 3 F&C International

Author: sweeden jorgh

ACC 562 Wk 7 Assignment 3 F&C International

Copy and Pate below link into your Browser to buy tutorial


ACC 562 Wk 7 Assignment 3 F&C International

Write a five to six (5-6) page paper in which you:

1.     Over time, there has been significant legislation passed, such as Sarbanes-Oxley, yet corporate fraud is still pervasive in today’s business environment. Suggest three (3) new ways that you believe will eradicate corporate fraud.

2.     In the F&C case, inventory manipulation was used to enact the fraud. Discuss the proper internal controls needed over inventory and how these controls will act as a deterrent to fraudulent activities.

3.     For a moment, step into the shoes of Catherine Sprauer at F&C International. Indicate what you would have done following each of the confrontations she had with the two employees who insisted that F&C executives were involved in a fraudulent scheme to misrepresent the company’s financial statements.

4.     Discuss how accounting firms should modify their audit procedures to ensure the risk of financial fraud is minimized.

5.     Discuss how the Securities and Exchange Commission (SEC) continues to fail to detect fraudulent activities in publically traded companies. Suggest a recommendation for improvement.

6.     Evaluate whether legislation and regulatory agency oversight will increase or decrease corporate fraud. Explain your position.

7.     Use at least three (3) quality resources in this assignment.

See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

26 Sophia partners guarantee credit transfer.

226 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 21 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.