Assignment 1: Accounting Fraud

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Assignment 1: Accounting Fraud

 

Due Week 5 and worth 160 points

 

Use the Internet or Strayer databases to research one (1) publicly traded company that committed fraud within the last five (5) years and the fundamental drivers of the fraud.

 

Write a three to four (3-4) page paper in which you:

 

  1. Briefly describe the selected publicly traded company that committed fraud, and analyze the fundamental drivers of the fraud.
  2. Outline an audit plan that could have prevented or detected the fraudulent activity in its earliest stages. Provide a rationale for your response.
  3. Determine the key type(s) of audit evidence you would use to execute your audit plan, and evaluate the significance of the identified evidence. Justify your response.
  4. Based on the audit plan that you outlined, speculate two (2) areas that might require more extensive sampling and two (2) areas that would require less sampling. Provide a rationale for your response.
  5. Use at least three (3) quality academic resources in this assignment. Note:Wikipedia and other Websites do not quality as academic resources.
    • 9 years ago
    Assignment 1: Accounting Fraud LEHMAN BROTHERS INC
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