homework

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homework.docx

Homework

1-Fraud

Please respond to the following:

-- From the e-Activity, determine the main reasons why several members of top management in Phar-Mor perpetrated the financial statement fraud. Next, recommend one (1) strategy that the auditors might have taken to detect or prevent the fraud. Provide a rationale to support your recommendation.

-- From the case study, analyze the financial data as presented. Next, choose at least one (1) pattern within the data that appears to be inconsistent, and propose one (1) strategy that one could use to audit this pattern. Provide a rationale to support your response. [250 words][1 – 2 references]

2- Bernard Madoff Scandal

--From the Other Preparation, determine the key evidence showing that Bernie Madoff was defrauding investors. Discuss what you might have done differently if you were in the shoes of Harry Markopoulos, the man who blew the whistle on Madoff. Post your response in the blog in Blackboard. [180 words]