Week Discussion Use the Internet or Strayer Library to research at least two (2) accounting scandals within the past five (5) years. Be prepared to discuss. Create a scenario where external auditors determined that a company's internal controls were deficient, but such a deficiency might not mean that a material weakness existed. Ascertain the impact on the audit plan if additional deficiencies are discovered on other related internal controls. Support your position. Section 404 compliance in the annual report From the e-Activity, identify the accounts that the fraud had affected, and analyze the auditor’s responsibility to detect fraud. Suggest key internal controls that would have either prevented or detected the fraudulent behavior or transactions. Justify your response. Bottom of Form .

1. Week Discussion
Use the Internet or Strayer Library to research at least two (2)
accounting scandals within the past five (5) years. Be prepared
to discuss.
Create a scenario where external auditors determined that a
company's internal controls were deficient, but such a
deficiency might not mean that a material weakness existed.
Ascertain the impact on the audit plan if additional deficiencies
are discovered on other related internal controls. Support your
position.
Section 404 compliance in the annual report
From the e-Activity, identify the accounts that the fraud had
affected, and analyze the auditor’s responsibility to detect
fraud. Suggest key internal controls that would have either
prevented or detected the fraudulent behavior or transactions.
Justify your response.
Bottom of Form