Running Head: Forensic Accounting 1 e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e
Milestone Three: Forensic Accounting – WorldCom
Forensic Accounting 2 e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e
III Hypothesis Development
a. Possibility of fraud the environment in
In the business setting that has been investigated, fraudulent practices be made relating a can to
diverse range areas, such the passing of false and fabricated accounting entries, inflating the of as
revenue of the organization for a specific period of time, as well as insider trading. The inability of
auditors of a business entity identify malicious elements escalate the seriousness of the to can
issue and magnify the intensity of fraudulent activity within organization. the case of the an In
WorldCom organization, the adoption of poor business practices by the leaders and decision-
makers led the major accounting scandal that was uncovered the year 2002. WorldCom had to in
