Fraud Risk Assessment

ACC578_

Assign

ment

2_ Fraud Risk Assessment

Assignment 2_Fraud Risk Assessment

Due January

22

, 2019

-

by 18:00 HRS / 6:00PM EST

Scenario

-

In your role as a

corporate controller

at Dingwow Inc., you have been charged by

senior

management with assessing the company’s risk exposure to fraud and techniques that could be

implemented to detect fraud.

Using the Internet

to

research risks associated with fraud, effective techniques that could be used to

prevent or detect fraud, and

the roles and responsibilities within the organization for preventing and

detecting fraud.

Write a four to five (4

-

5) page paper in which you:

1.

D

etermine the types of exposure to fraud that the company could be exposed to

and the related

consequences to

the organization. Provide a rationale for your response.

2.

E

valuate tools and techniques that are the most effective in preventing and detecting fraud

,

making a recommendation for the tool that has the highest cost

-

benefit factor. Provide a rationale

for y

our recommendation.

3.

E

valuate the roles and responsibilities in the company to prevent and detect fraud

, indicating how

a culture of integrity can be created within these roles.

4.

Use at least four (4

) quality resources in this assignment.

NOTE:

Wikipedia and similar Websites do

NOT

qualify as quality resources

.

Your assignment must follow these formatting requirements:

·

Be typed, double spaced, using Times New Roman font (size 12), with 1” margins on all sides;

citations

and references must follow APA

·

Include a cover page and the reference page are

NOT

included in the required assignment page

length.

The specific course learning outcomes associated with this assignment are:

·

Examine the use of data analysis and automat

ed processes for fraud det

ection within business

systems.

·

Examine management’s responsibilities for fraud prevention processes and the establishment of

proper controls

.

·

Use technology and information resources to research issues in

fraud prevention and d

etection.

·

Write clearly and concisely about fraud prevention and detection using proper writing mechanics

.

ACC578_Assignment 2_ Fraud Risk Assessment

Assignment 2_Fraud Risk Assessment

Due January 22, 2019 - by 18:00 HRS / 6:00PM EST

Scenario - In your role as a corporate controller at Dingwow Inc., you have been charged by senior

management with assessing the company’s risk exposure to fraud and techniques that could be

implemented to detect fraud.

Using the Internet to research risks associated with fraud, effective techniques that could be used to

prevent or detect fraud, and the roles and responsibilities within the organization for preventing and

detecting fraud.

Write a four to five (4-5) page paper in which you:

1. Determine the types of exposure to fraud that the company could be exposed to and the related

consequences to the organization. Provide a rationale for your response.

2. Evaluate tools and techniques that are the most effective in preventing and detecting fraud,

making a recommendation for the tool that has the highest cost-benefit factor. Provide a rationale

for your recommendation.

3. Evaluate the roles and responsibilities in the company to prevent and detect fraud, indicating how

a culture of integrity can be created within these roles.

4. Use at least four (4) quality resources in this assignment.

NOTE: Wikipedia and similar Websites do NOT qualify as quality resources.

Your assignment must follow these formatting requirements:

 Be typed, double spaced, using Times New Roman font (size 12), with 1” margins on all sides;

citations and references must follow APA

 Include a cover page and the reference page are NOT included in the required assignment page

length.

The specific course learning outcomes associated with this assignment are:

 Examine the use of data analysis and automated processes for fraud detection within business

systems.

 Examine management’s responsibilities for fraud prevention processes and the establishment of

proper controls.

 Use technology and information resources to research issues in fraud prevention and detection.

 Write clearly and concisely about fraud prevention and detection using proper writing mechanics.