Locate a video on the Wells Fargo Fake Accounts Scandal. You can find many videos on YouTube.
Based on your readings, literature, and/or the Fraud Examiners Manual include the following in your discussion:
Post your understanding of the fraud. How was it perpetrated? Explain what types of transactions were part of this fraud
What professional ethical standards were violated?
Comment on the Wells Fargo corporate culture. What changes do you think needed to be made
Topic 1: Requires you to discuss the theory and current techniques used in fraud examination in various types of organizations. Based on authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc), address the following question: The Global Fraud Survey of the ACFE describes that most frauds are uncovered through employee whistelblowers. Why do you think external auditors generally do not uncover fraudulent activities primarily by using their own audit techniques?
Topic 2 Requires you to evaluate fraud schemes and the internal auditor’s responsibilities in the prevention and detection of financial fraud.
Based on authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc), address the following question: What’s the internal auditor’s responsibility for the prevention and detection of financial fraud? Is their responsibility different from the external auditors?
Listen to the pod cast titled “5 Most Scandalous Fraud Cases of 2020” above. Select one of the cases mentioned and discuss what charges you feel the faudsters could be charged with in the case you select. Then discuss briefly how you would investigate the case.
https://keiseruniversity.blackboard.com/bbcswebdav/pid-22477313-dt-content-rid-107055520_1/xid-107055520_1
Week 2 Discussion Questions:
Topic 1 Employees have certain rights during a fraud investigation. Do you think these rights impede a fraud investigation and favor the employee or do you think these rights are necessary? Be sure to back up your opinions with authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc) and applicable laws including constitutional law.
Topic 2 You are the fraud investigator on a case and you are certain the VP of Operations has embezzled funds. The VP of Operations has been under suspicion twice before on similar schemes but these suspicions were never proven. Do you think, in this case, it would be acceptable to include evidence from these prior situations in your investigation to ensure an arrest and conviction this time? Be sure to back up your opinions with authoritative sources and applicable laws (including peer reviewed articles from the library, Fraud Examiners Manual, etc).
Reflecting on this past week’s learning activities, please respond to the following:What did you specifically learn about the forensic accounting and investigating topics covered in the assigned reading?What specific concepts/principles resonated most with you?What seemed most relevant to your everyday life; really, what part of this week’s material will you commit to follow in your professional career as an accountant?What questions will you carry forward, either because of their inherent value to continue to inform or just because they remain perplexing?
Reflecting on this past week’s learning activities… What concepts/principles resonated most with you? What seemed most relevant to your everyday life and future practice as an accountant? What questions will you carry forward, either because of their inherent value to continue to inform or just because they remain perplexing?
Select one of the research problems at the end of the chapters for the week. Research problems are contained in the last set of questions under the “Problems” heading at the end of each chapter and have the “Research” icon next to them. Include the question in your subject line. You must select a different question from your classmates, so first post, first served. If all of the questions have been selected, then you must provide different key words for your search.
Answer the following questions after reading the problem:
1. What are the key facts in the problem?
2. What is the general issue to be addressed?
3. Provide two key words would you use to research this question.
4. When you use these key words, what results do you get? Is it helpful? How could you refine the key words to get better results?
0. The full topic is: “Some observers argue that compared with positive accounting theories, normative accounting theories play a bigger role in the development of financial reporting practice.” With the help of examples from research, practice and theory, critically evaluate the above statement. 1. The subject is Accounting Theory. 2. I will upload several instructions, you MUST read them thoroughly before you start writing the paper. 3. Keep the plagiarism rate no more than 15% pls, I will check it when I get the paper. 4. Write more of your own original analysis and explanation instead of descriiption. 5. If you have any problems, do not hesitate to contact me asap, thank you so much!
Writing expectations:
Original Posts should be a minimum of 250 words and reply to posts should be a minimum of 150 words. Your posts should be full sentences with punctuation. Texting shorthand is not acceptable. A response to the post “Dude – that’s cool” is not an acceptable post in a college class.
https://youtu.be/iLRJ4KNxp4Y
Question: Give a personal example of when you found yourself in an ethical dilemma. Do NOT use real names or companies’ names. Was it an easy or hard decision? Did you feel any repercussions from the companies, staff, or friends?
For visual reasons, there are times that you may wish to have multiple lines of text within an Excel cell rather than one long string. Do you know how to do this? Hint: you don’t want to use the TAB or space bar button because this spacing will be incorrect if you resize your cells! Instead you want to place what is known as a “hard return” (or a new line of text) within the cell.
A hard return is very easy to insert in a cell. Simply type your first line of text. When you reach the end of that line, hold down the Alt button of your keyboard as you hit the Enter (or Return) button. A new line will be started inside the cell.
You can add as many lines of text as you would like this way. When you are finished with that cell, simply hit Enter or Tab as normal to proceed to the next cell. Your cell should automatically resize to accommodate the multiple hard returns you have created in the cell. Best of all, if you manually resize your cells, columns, or rows, the hard returns will remain in place and the separate lines of text will remain separate lines of text!
Now consider these questions: In what situations would a hard return be useful? Would you ever use this feature? Why or why not?