Homework
Please read the following note on fraud to broaden your understanding of the topic and to guide your responses. [More guide]
Fraud
Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain (adjectival form fraudulent; to defraud is the verb). As a legal construct, fraud is both a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud and/or recover monetary compensation) and a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities). Defrauding people or organizations of money or valuables is the usual purpose of fraud, but it sometimes instead involves obtaining benefits without actually depriving anyone of money or valuables, such as obtaining a driver’s license by way of false statements made in an application for the same (Nigrini 2011).
Financial Statement Fraud
Financial statement fraud is one of the biggest challenges in the modern business world. This is when corporations engage in certain practices designed to hide or maneuver the accounts of a corporation to help it continue to remain attractive to investors. To counter financial statement frauds, especially in the aftermath of the Enron scandal in 2001-2002, the US Congress introduced the Sarbanes Oxley Act, the compliance with which is mandatory for US corporations. A financial statement fraud may be actionable under both the False Claims Act and the Dodd Frank Act as well. You may have suffered a financial statement fraud or may have original information about a financial statement fraud, which means that you may be able to bring either a financial statement fraud lawsuit or a whistleblower lawsuit depending on the facts peculiar to your case.
The most common occurrence of financial statement fraud is when losses are underplayed or deliberately hidden by corporations. Financial statement fraud comprises deliberate misstatements or omissions of amounts or disclosures of financial statements to deceive financial statement users, particularly investors and creditors, outright falsification, alteration, or manipulation of material financial records, supporting documents, or business transactions, material intentional omissions or misrepresentations of events, transactions, accounts, or other significant information from which financial statements are prepared, deliberate misapplication of accounting principles, policies, and procedures used to measure, recognize, report, and disclose economic events and business transactions and also intentional omissions of disclosures or presentation of inadequate disclosures regarding accounting principles and policies and related financial amounts.
There are massive issues that emanate from financial statement fraud. Financial statement fraud undermines the reliability, quality, transparency, and integrity of the financial reporting process and jeopardizes the integrity and objectivity of the auditing profession, especially auditors .
Homework guidePlease read the following note on fraud to broaden.docxadampcarr67227
Homework guide
Please read the following note on fraud to broaden your understanding of the topic and to guide your responses. [More guide]
Fraud
Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain (adjectival form fraudulent; to defraud is the verb). As a legal construct, fraud is both a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud and/or recover monetary compensation) and a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities). Defrauding people or organizations of money or valuables is the usual purpose of fraud, but it sometimes instead involves obtaining benefits without actually depriving anyone of money or valuables, such as obtaining a driver’s license by way of false statements made in an application for the same (Nigrini 2011).
Financial Statement Fraud
Financial statement fraud is one of the biggest challenges in the modern business world. This is when corporations engage in certain practices designed to hide or maneuver the accounts of a corporation to help it continue to remain attractive to investors. To counter financial statement frauds, especially in the aftermath of the Enron scandal in 2001-2002, the US Congress introduced the Sarbanes Oxley Act, the compliance with which is mandatory for US corporations. A financial statement fraud may be actionable under both the False Claims Act and the Dodd Frank Act as well. You may have suffered a financial statement fraud or may have original information about a financial statement fraud, which means that you may be able to bring either a financial statement fraud lawsuit or a whistleblower lawsuit depending on the facts peculiar to your case.
The most common occurrence of financial statement fraud is when losses are underplayed or deliberately hidden by corporations. Financial statement fraud comprises deliberate misstatements or omissions of amounts or disclosures of financial statements to deceive financial statement users, particularly investors and creditors, outright falsification, alteration, or manipulation of material financial records, supporting documents, or business transactions, material intentional omissions or misrepresentations of events, transactions, accounts, or other significant information from which financial statements are prepared, deliberate misapplication of accounting principles, policies, and procedures used to measure, recognize, report, and disclose economic events and business transactions and also intentional omissions of disclosures or presentation of inadequate disclosures regarding accounting principles and policies and related financial amounts.
There are massive issues that emanate from financial statement fraud. Financial statement fraud undermines the reliability, quality, transparency, and integrity of the financial reporting process and jeopardizes the integrity and objectivity of the auditing profession, especially aud.
Impact of Accounting Errors on Financial Statements Detection and Correction.pdfCIMCON Software
Discover the repercussions of errors of accounting on financial statements, including misstated revenues, expenses, and liabilities. Learn how to detect and correct these errors for accurate financial reporting.
Impact of Accounting Errors on Financial Statements Detection and Correction.pptCIMCON Software
Discover the repercussions of errors of accounting on financial statements, including misstated revenues, expenses, and liabilities. Learn how to detect and correct these errors for accurate financial reporting.
#ErrorsOfAccounting
Learn what can you do to stay a step ahead of fraudsters without limiting revenue growth. Prevent Financial Fraud in your organization with the help of HLB
Homework guidePlease read the following note on fraud to broaden.docxadampcarr67227
Homework guide
Please read the following note on fraud to broaden your understanding of the topic and to guide your responses. [More guide]
Fraud
Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain (adjectival form fraudulent; to defraud is the verb). As a legal construct, fraud is both a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud and/or recover monetary compensation) and a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities). Defrauding people or organizations of money or valuables is the usual purpose of fraud, but it sometimes instead involves obtaining benefits without actually depriving anyone of money or valuables, such as obtaining a driver’s license by way of false statements made in an application for the same (Nigrini 2011).
Financial Statement Fraud
Financial statement fraud is one of the biggest challenges in the modern business world. This is when corporations engage in certain practices designed to hide or maneuver the accounts of a corporation to help it continue to remain attractive to investors. To counter financial statement frauds, especially in the aftermath of the Enron scandal in 2001-2002, the US Congress introduced the Sarbanes Oxley Act, the compliance with which is mandatory for US corporations. A financial statement fraud may be actionable under both the False Claims Act and the Dodd Frank Act as well. You may have suffered a financial statement fraud or may have original information about a financial statement fraud, which means that you may be able to bring either a financial statement fraud lawsuit or a whistleblower lawsuit depending on the facts peculiar to your case.
The most common occurrence of financial statement fraud is when losses are underplayed or deliberately hidden by corporations. Financial statement fraud comprises deliberate misstatements or omissions of amounts or disclosures of financial statements to deceive financial statement users, particularly investors and creditors, outright falsification, alteration, or manipulation of material financial records, supporting documents, or business transactions, material intentional omissions or misrepresentations of events, transactions, accounts, or other significant information from which financial statements are prepared, deliberate misapplication of accounting principles, policies, and procedures used to measure, recognize, report, and disclose economic events and business transactions and also intentional omissions of disclosures or presentation of inadequate disclosures regarding accounting principles and policies and related financial amounts.
There are massive issues that emanate from financial statement fraud. Financial statement fraud undermines the reliability, quality, transparency, and integrity of the financial reporting process and jeopardizes the integrity and objectivity of the auditing profession, especially aud.
Impact of Accounting Errors on Financial Statements Detection and Correction.pdfCIMCON Software
Discover the repercussions of errors of accounting on financial statements, including misstated revenues, expenses, and liabilities. Learn how to detect and correct these errors for accurate financial reporting.
Impact of Accounting Errors on Financial Statements Detection and Correction.pptCIMCON Software
Discover the repercussions of errors of accounting on financial statements, including misstated revenues, expenses, and liabilities. Learn how to detect and correct these errors for accurate financial reporting.
#ErrorsOfAccounting
Learn what can you do to stay a step ahead of fraudsters without limiting revenue growth. Prevent Financial Fraud in your organization with the help of HLB
Corporate Failures - Causes and Remedies.pptxssuser07cba1
The Economic cost of business failure is relatively large, Government, providers of capital, as well as management and employees are severely affected. More critical are the reporting accountants who are likely to face potential litigation if their report failed to provide an early warning signal.
Apart from profit making objective, all corporate business concerns share one fundamental objective which is to remain as going concern.
As businesses strive hard to perpetuate, one of the most significant threats irrespective of their size and nature of operation is illiquidity and insolvency. Extant evidence shows that in past decades business failures have occurred in higher rates than at any time.
The disastrous and social effects of corporate failure makes it imperative for shareholders, creditors, government, etc. to continually monitor the operations of a corporate entity in order to avoid possible failure. The main focus of this presentation is to consider the causes and remedies of corporate failure.
Ethics in accounting are concerned with how to make good and moral c.pdfinfo518726
Ethics in accounting are concerned with how to make good and moral choices in regard to the
preparation, presentation and disclosure of financial information. During the 1990s and 2000s, a
series of financial reporting scandals brought this issue into the forefront. Knowing some of the
issues presented in accounting ethics can help you ensure that you are considering some of the
implications for the actions that you take with your own business.
Fraudulent Financial Reporting
Most accounting scandals over the last two decades have centered on fraudulent financial
reporting. Fraudulent financial reporting is the misstatement of the financial statements by
company management. Usually, this is carried out with the intent of misleading investors and
maintaining the company\'s share price. While the effects of misleading financial reporting may
boost the company\'s stock price in the short-term, there are almost always ill effects in the long
run. This short-term focus on company finances is sometimes known as \"myopic management.\"
Misappropriation of Assets
On an individual employee level, the most common ethical issue in accounting is the
misappropriation of assets. Misappropriation of assets is the use of company assets for any other
purpose than company interests. Otherwise known as stealing or embezzlement,
misappropriation of assets can occur at nearly any level of the company and to nearly any
degree. For example, a senior level executive may charge a family dinner to the company as a
business expense. At the same time, a line-level production employee may take home office
supplies for personal use. In both cases, misappropriation of assets has occurred.
Disclosure
As a subtopic of fraudulent financial reporting, disclosure violations are errors of ethical
omission. While intentionally recording transactions in a manner that is not in accordance with
generally accepted accounting principles is considered fraudulent financial reporting, the failure
to disclose information to investors that could change their decisions about investing in the
company could be considered fraudulent financial reporting, as well.
Penalties
Penalties for violations of accounting ethics laws have increased greatly since the passage of the
Sarbanes-Oxley Act of 2002. This legislation allows for harsh penalties for manipulating
financial records, destroying information, interfering with an investigation and provides legal
protection for whistle-blowers.
Solution
Ethics in accounting are concerned with how to make good and moral choices in regard to the
preparation, presentation and disclosure of financial information. During the 1990s and 2000s, a
series of financial reporting scandals brought this issue into the forefront. Knowing some of the
issues presented in accounting ethics can help you ensure that you are considering some of the
implications for the actions that you take with your own business.
Fraudulent Financial Reporting
Most accounting scandals over the .
Learn what can you do to stay a step ahead of fraudsters without limiting revenue growth. Prevent Financial Fraud in your organization with the help of HLB HAMT
Basics of cash management for financial management & reportingSoaga Hameed Gbola
This paper examines the basics of cash management for financial management and financial reporting purposes. This study makes use of descriptive research method to examine the importance, essence, influence, relationship, and impact of cash management on financial management and financial reporting. It establishes the strong impact of cash management on corporate survival, linkage to practically every account on financial report, maximisation of shareholders’ wealth, fraud prevention and detection, and liquidity enrichment. It also ascertains the need for the use of net cash flows as a measure of performance. Organisations should give cash management serious attention and make it a strategic partner, and should maintain a dedicated cash module for cash management because accrual accounting is not adequate for cash management. Regulatory bodies should enhance disclosure requirements in respect of cash and cash equivalents to enhance transparency and prevent creative cash management.
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdfJames Forootan
In the intricate world of small businesses and freelancing, managing finances goes beyond mere number crunching. It's about crafting a story of fiscal responsibility, strategic planning, and legal compliance
"Bookkeeping: Your Ally in Tax Compliance and Optimization" dives into the essential realm of bookkeeping, an indispensable tool for freelancers and small business owners striving for financial clarity and tax compliance.
This article unfolds the narrative of bookkeeping not just as a routine task, but as a cornerstone of business success, illustrating its pivotal role in maintaining financial health, ensuring operational efficiency, and fostering business growth. It emphasizes the transformative power of adept bookkeeping in navigating the complexities of tax laws, optimizing financial resources, and steering businesses towards sustainable success.
Key insights include:
- Strategic Tax Compliance: Unravel how meticulous bookkeeping is crucial for adhering to tax regulations, preventing audits, and optimizing tax returns, ensuring you pay no more than what you owe.
- Empowering Financial Tools: Discover the strengths of tools like QuickBooks Online, which streamline bookkeeping processes, enhance financial analysis, and support informed decision-making.
- Operational Resilience: Explore how accurate financial records are vital for operational success, influencing everything from cash flow management to strategic business planning.
-Navigating Financial Challenges: Learn from real-case studies how poor bookkeeping can precipitate significant financial dilemmas, impacting everything from cash flow to tax compliance, and how maintaining robust bookkeeping practices can mitigate these risks.
This article serves as a comprehensive guide for those looking to harness the full potential of bookkeeping. It's crafted for entrepreneurs who view their financial data not just as a ledger of transactions but as a beacon guiding their business decisions, shaping their tax strategies, and securing their place in a competitive market.
Embrace the journey through "Bookkeeping: Your Ally in Tax Compliance and Optimization" and transform your approach to financial management, ensuring your business remains compliant, optimized, and ahead of the curve.
Corruption is a form of dishonesty or criminal offense or undertaken by a person. The presentation is about CAG’s Regulations and Standing orders in relation to cases of Fraud and Corruption Prepared by Pramod Kumar Jain,
Faculty in RTI Jaipur for information of user
You are a project manager and believe that your initiative would be .docxadampcarr67227
You are a project manager and believe that your initiative would be more successful if you had a change manager on your team.
Describe
an actual project you have been part of (not necessarily the leader).
Develop
an argument to your manager on the importance of change management.
Describe
the role of a change manager and how it will benefit the project.
Write
a 1,050- word paper using a minimum of two peer-reviewed sources.
Format
your paper consistent with APA guidelines.
.
You are a project manager at a food agricultural organization and yo.docxadampcarr67227
You are a project manager at a food agricultural organization and you are assigned to review nutritional policies.
1). Write the nutritional policies
2). Identify five stakeholders and their roles in the implementation of the nutritional programs at the community level.
.
More Related Content
Similar to HomeworkPlease read the following note on fraud to broaden your .docx
Corporate Failures - Causes and Remedies.pptxssuser07cba1
The Economic cost of business failure is relatively large, Government, providers of capital, as well as management and employees are severely affected. More critical are the reporting accountants who are likely to face potential litigation if their report failed to provide an early warning signal.
Apart from profit making objective, all corporate business concerns share one fundamental objective which is to remain as going concern.
As businesses strive hard to perpetuate, one of the most significant threats irrespective of their size and nature of operation is illiquidity and insolvency. Extant evidence shows that in past decades business failures have occurred in higher rates than at any time.
The disastrous and social effects of corporate failure makes it imperative for shareholders, creditors, government, etc. to continually monitor the operations of a corporate entity in order to avoid possible failure. The main focus of this presentation is to consider the causes and remedies of corporate failure.
Ethics in accounting are concerned with how to make good and moral c.pdfinfo518726
Ethics in accounting are concerned with how to make good and moral choices in regard to the
preparation, presentation and disclosure of financial information. During the 1990s and 2000s, a
series of financial reporting scandals brought this issue into the forefront. Knowing some of the
issues presented in accounting ethics can help you ensure that you are considering some of the
implications for the actions that you take with your own business.
Fraudulent Financial Reporting
Most accounting scandals over the last two decades have centered on fraudulent financial
reporting. Fraudulent financial reporting is the misstatement of the financial statements by
company management. Usually, this is carried out with the intent of misleading investors and
maintaining the company\'s share price. While the effects of misleading financial reporting may
boost the company\'s stock price in the short-term, there are almost always ill effects in the long
run. This short-term focus on company finances is sometimes known as \"myopic management.\"
Misappropriation of Assets
On an individual employee level, the most common ethical issue in accounting is the
misappropriation of assets. Misappropriation of assets is the use of company assets for any other
purpose than company interests. Otherwise known as stealing or embezzlement,
misappropriation of assets can occur at nearly any level of the company and to nearly any
degree. For example, a senior level executive may charge a family dinner to the company as a
business expense. At the same time, a line-level production employee may take home office
supplies for personal use. In both cases, misappropriation of assets has occurred.
Disclosure
As a subtopic of fraudulent financial reporting, disclosure violations are errors of ethical
omission. While intentionally recording transactions in a manner that is not in accordance with
generally accepted accounting principles is considered fraudulent financial reporting, the failure
to disclose information to investors that could change their decisions about investing in the
company could be considered fraudulent financial reporting, as well.
Penalties
Penalties for violations of accounting ethics laws have increased greatly since the passage of the
Sarbanes-Oxley Act of 2002. This legislation allows for harsh penalties for manipulating
financial records, destroying information, interfering with an investigation and provides legal
protection for whistle-blowers.
Solution
Ethics in accounting are concerned with how to make good and moral choices in regard to the
preparation, presentation and disclosure of financial information. During the 1990s and 2000s, a
series of financial reporting scandals brought this issue into the forefront. Knowing some of the
issues presented in accounting ethics can help you ensure that you are considering some of the
implications for the actions that you take with your own business.
Fraudulent Financial Reporting
Most accounting scandals over the .
Learn what can you do to stay a step ahead of fraudsters without limiting revenue growth. Prevent Financial Fraud in your organization with the help of HLB HAMT
Basics of cash management for financial management & reportingSoaga Hameed Gbola
This paper examines the basics of cash management for financial management and financial reporting purposes. This study makes use of descriptive research method to examine the importance, essence, influence, relationship, and impact of cash management on financial management and financial reporting. It establishes the strong impact of cash management on corporate survival, linkage to practically every account on financial report, maximisation of shareholders’ wealth, fraud prevention and detection, and liquidity enrichment. It also ascertains the need for the use of net cash flows as a measure of performance. Organisations should give cash management serious attention and make it a strategic partner, and should maintain a dedicated cash module for cash management because accrual accounting is not adequate for cash management. Regulatory bodies should enhance disclosure requirements in respect of cash and cash equivalents to enhance transparency and prevent creative cash management.
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdfJames Forootan
In the intricate world of small businesses and freelancing, managing finances goes beyond mere number crunching. It's about crafting a story of fiscal responsibility, strategic planning, and legal compliance
"Bookkeeping: Your Ally in Tax Compliance and Optimization" dives into the essential realm of bookkeeping, an indispensable tool for freelancers and small business owners striving for financial clarity and tax compliance.
This article unfolds the narrative of bookkeeping not just as a routine task, but as a cornerstone of business success, illustrating its pivotal role in maintaining financial health, ensuring operational efficiency, and fostering business growth. It emphasizes the transformative power of adept bookkeeping in navigating the complexities of tax laws, optimizing financial resources, and steering businesses towards sustainable success.
Key insights include:
- Strategic Tax Compliance: Unravel how meticulous bookkeeping is crucial for adhering to tax regulations, preventing audits, and optimizing tax returns, ensuring you pay no more than what you owe.
- Empowering Financial Tools: Discover the strengths of tools like QuickBooks Online, which streamline bookkeeping processes, enhance financial analysis, and support informed decision-making.
- Operational Resilience: Explore how accurate financial records are vital for operational success, influencing everything from cash flow management to strategic business planning.
-Navigating Financial Challenges: Learn from real-case studies how poor bookkeeping can precipitate significant financial dilemmas, impacting everything from cash flow to tax compliance, and how maintaining robust bookkeeping practices can mitigate these risks.
This article serves as a comprehensive guide for those looking to harness the full potential of bookkeeping. It's crafted for entrepreneurs who view their financial data not just as a ledger of transactions but as a beacon guiding their business decisions, shaping their tax strategies, and securing their place in a competitive market.
Embrace the journey through "Bookkeeping: Your Ally in Tax Compliance and Optimization" and transform your approach to financial management, ensuring your business remains compliant, optimized, and ahead of the curve.
Corruption is a form of dishonesty or criminal offense or undertaken by a person. The presentation is about CAG’s Regulations and Standing orders in relation to cases of Fraud and Corruption Prepared by Pramod Kumar Jain,
Faculty in RTI Jaipur for information of user
Similar to HomeworkPlease read the following note on fraud to broaden your .docx (20)
You are a project manager and believe that your initiative would be .docxadampcarr67227
You are a project manager and believe that your initiative would be more successful if you had a change manager on your team.
Describe
an actual project you have been part of (not necessarily the leader).
Develop
an argument to your manager on the importance of change management.
Describe
the role of a change manager and how it will benefit the project.
Write
a 1,050- word paper using a minimum of two peer-reviewed sources.
Format
your paper consistent with APA guidelines.
.
You are a project manager at a food agricultural organization and yo.docxadampcarr67227
You are a project manager at a food agricultural organization and you are assigned to review nutritional policies.
1). Write the nutritional policies
2). Identify five stakeholders and their roles in the implementation of the nutritional programs at the community level.
.
You are a nursing educator and you are given an assignment to teach .docxadampcarr67227
You are a nursing educator and you are given an assignment to teach a RN/LPN NCLEX review course.
Please develop a complete review course power point presentation with detail speaker notes that will be used to teach the review in its entirely. You want student to pass the nclex exam on the first try. please rearrange order and at to it as you deem fit if I left out some thing (please insert pictures and diagram to enhance lecture) Please be very creative and colorful (Presentation to be shown to a large audience. Please be very detail but highlighting the most important detail.
The power points must include elements as follow:
1. nclex question types
2. steps of question analysis
3. critical thinking and rewording
4. how to dissect nclex question
5. what are considered hig level questions
6. deciding what is important
7. looking for patterns and relationships
8. identifying the problem
9. transferring knowledge from one situation to another
10. applying knowledge
11. discriminating between possible choices and/or course of action
12. evaluating according to criteria established
13. eliminating incorrect answer choices
14. strategies for alternate formate question: select all that apply
15. solving alternate formate questions: select all that apply.
16. prioritization
17. delegation
18. safety and infection control
19. maslow's hierarchy of needs
20. how to approach psychosocial condition question
21. how to answer psych questions
22. how to identify psych diagnosis and nursing care of the psychiatric patient
how to answer health promotion and maintenance question
23. tips on how to pass nclex exam
24. hot spot questions and how to solve them
25. fill in blank question and how to solve them and select all that apply
drag and drop question and how to solve them
26. tips on how to analyze a question
27. NURSING LAB VALUES TO KNOW
28. NURSING DRUGS TO KNOW AND LEVELS
INFORMATION ON THE FOLLOWING(with nursing most important intervention and things to watch for/ complication problems up each system)
Care of the pediatric patient
Care of OB (maternity) patient
Care of a pre-op patient
Care of a patient post op
Care of a respiratory patient
Care of a cardiac patient
Care of a gastro/intestinal patient
Care of caner patient
Care of urinary system patient
endoceine system
liver
pancreas
nutritional problem
chronic neurological problems
stroke
intracranial problems
muscle skeletal problems
emergency, terrorism and disaster nursing
fluid and electrolytes
the different in IV solution
Administering Blood
Conscious sedation
Reproductive system
nutrition for a newborn
drug calculation
Immunization when due and side effect
Kidney disorders and care of a renal patient with labs
Diabetes management
spinal cord injury
musculoskeletal problem
alzheimer's disease
ABG interpetation
drug calculation
oxygen supplement and delivery system
integumentary system
bur.
You are a paralegal working at law office of James Adams, Esq. On No.docxadampcarr67227
You are a paralegal working at law office of James Adams, Esq. On November 10, 2010, Adams is assigned by the court to represent John Edwinson, against whom a paternity petition has been filed. There is a hearing scheduled for march 13, 2011. Edwinson is not a cooperative client. He frequent misses appointment at the law firm office. Frustrated, Adams sends Edwinson a short letter on March 1,2011 that says, " Due to your noncooperation, I am withdrawing from the case as your representative effective immediately." Any ethical problem
.
you are a paralegal working at the law office of Smith & Smith. The .docxadampcarr67227
you are a paralegal working at the law office of Smith & Smith. The office represents David Gerry in a divorce action against his wife, Lena Gerry. One of the disputes is how to divide business assets acquired during the marriage. In an effort to pressure Lena to divide the assets in his favor, David tells his attorney to request sole physical and legal custody of their children even though David has no desire to raise the children. He knows, however, that Lena is terrified at the thought of losing sole custody herself. David wants his attorney to engage in extensive discovery (depositions, interrogatories, etc.) On the custody issue for the sole purpose of wearing Lena down in hope that she will reduce her claims on the business assets. Any ethical problems?
.
You are a police officer who has been selected to participate in a p.docxadampcarr67227
You are a police officer who has been selected to participate in a public relations task force to address a growing problem: the negative public perception of the police.
The media has been tough on departments around the city, and the police chief wants to address the issue head on. You just completed the first task force meeting, and the facilitator wants you to present information and recommendations regarding how to change the public’s perception.
Create
an 8- to 10-slide Microsoft® PowerPoint® presentation in which you:
Explain how an inductive fallacy (e.g., generalizations, weak analogy) or a fallacy of language (e.g., confusing explanations) may affect the public perception of the police.
Provide a categorical claim related to the negative public perception of the police.
Create a visual showing a categorical relation that is negative between the police and the public.
Provide recommendations and examples about what the department can do to:
Change the perception
Develop a positive relationship with the public.
Include
comprehensive speaker notes.
Cite
at least 1 reference to support your assignment.
Format
your citations according to APA guidelines
.
You are a newly-minted, tax-paying and law-abiding, permanent res.docxadampcarr67227
"You are a newly-minted, tax-paying and law-abiding, permanent resident of Canada.
In the context of the Canadian multicultural society, you are involved in your community, holding a volunteer office (e.g. VP, Secretary etc.) in your community association.
At the last community meeting several members raised the issue of whether what is going on the Canadian political scene, such as:
the Jody Wilson- Raybould, former federal Justice Minister and Attorney General, story
the Bill Morneau, former federal Minister of Finance, story, and especially
the Julie Payette, former Governor General of Canada, story
are indicative of changes, in the Canadian society, which will impact the country and its communities.
You were asked to write a report, of maxim 8 pages
( .... your community members appreciate effective communication)
, addressing issues such as:
what Julie Payette's case says about employee-employer relations in Canada?
what Bill Morneau's case says about ethics in Canada?
what Jody Wilson-Raybould's case says about globalization, global competition, competitiveness and ethics in Canada?
Your community is generally optimistic about the state of affairs in Canada, and about the future of the country which depends on its functioning democracy.
Are there warning signs and "red flags" to watch for by engaged members of the Canadian society?"
.
You are a new university police chief in a medium-sized city, an.docxadampcarr67227
You are a new university police chief in a medium-sized city, and today is a huge football game. You have received information from a patrol sergeant that one of your male officers is at the football stadium working overtime and wearing an earring and sporting a new, visible and rather risqué tattoo on his lower front arm. The sergeant says that both are highly visible, and that a rudimentary dress code exists in your agency but does not cover earrings. You are aware that the other officers are anxiously watching the situation to see what you do. What are you going to do? Explain yourself.
.
You are a native speaker of French living in a mainly English speaki.docxadampcarr67227
You are a native speaker of French living in a mainly English speaking part of Canada. You would like to send your children to a French school, but none is available. Remembering how the Gaulois culture and language progressively disappeared in what is now France, you would like to alert the French speaking population and its leaders to the importance of having a Francophone system of education
400-500 words
double spaced
tiems new roman
I need by nov 19th at 4pm
.
You are a new high school teacher, and have been captured at the end.docxadampcarr67227
You are a new high school teacher, and have been captured at the end of Open House by a parent who is upset about one of your classroom procedures. You have tried to explain the value of the procedure; however, the parent continues to adamantly disagree and hold you hostage after everyone has left. What do you think would be the best course of action?
.
You are a member of the Human Resource Department of a medium-sized .docxadampcarr67227
You are a member of the Human Resource Department of a medium-sized organization that is implementing a new inter-organizational system that will impact employees, customers, and suppliers. Your manager has requested that you work with the system development team to create a communications plan for the project. He would like to meet with you in two hours to review your thoughts on the KEY OBJECTIVES OF THE COMMUNICATIONS PLAN. What should those objectives be?
.
You are a network analyst on the fly-away team for the FBIs cyberse.docxadampcarr67227
You are a network analyst on the fly-away team for the FBI's cybersecurity sector engagement division. You've been deployed several times to financial institutions to examine their networks after cyberattacks, ranging from intrusions and data exfiltration to distributed denial of services to their network supporting customer transaction websites. A representative from the Financial Services Information Sharing and Analysis Center, FS-ISAC, met with your boss, the chief net defense liaison to the financial services sector, about recent reports of intrusions into the networks of banks and their consortium.
He's provided some of the details of the reports in an email. "Millions of files were compromised, and financial officials want to know who entered the networks and what happened to the information. At the same time, the FS-ISAC has seen extensive distributed denial of service disrupting the bank's networks, impacting the customer websites, and blocking millions of dollars of potential transactions," his email reads.
You realize that the impact from these attacks could cause the downfall of many banks and ultimately create a strain on the US economy. In the email, your chief asks you to travel to one of the banks and using your suite of network monitoring and intrusion detection tools, produce two documents—a report to the FBI and FS-ISAC that contains the information you observed on the network and a joint network defense bulletin to all the banks in the FS-ISAC consortium, recommending prevention methods and remediation against the types of malicious traffic activity that they may face or are facing.
Network traffic analysis and monitoring help to distinguish legitimate traffic from malicious traffic. Network administrators must protect networks from intrusions. This can be done using tools and techniques that use past traffic data to determine what should be allowed and what should be blocked. In the face of constantly evolving threats to networks, network administrators must ensure their intrusion detection and prevention systems are able to analyze, monitor, and even prevent these advanced threats.
In this project, you will research network intrusion and prevention systems and understand their use in a network environment. You will also use monitoring and analysis technologies in the Workspace to compile a Malicious Network Activity Report for financial institutions and a Joint Network Defense Bulletin for a financial services consortium.
The following are the deliverables for this project:
Deliverables
•Malicious Network Activity Report: An eight- to 10-page double-spaced Word document with citations in APA format. The page count does not include figures, diagrams, tables, or citations.
•Joint Network Defense Bulletin: A one- to two-page double-spaced document.
Step 1: Create a Network Architecture Overview
You travel to the various bank locations and gain access to their networks. However, yo.
You are a member of the senior management staff at XYZ Corporation. .docxadampcarr67227
You are a member of the senior management staff at XYZ Corporation. You have historically been using a functional structure set up with five departments: finance, human resources, marketing, production, and engineering.
Create a drawing of your simplified functional structure, identifying the five departments.
Assume you have decided to move to a project structure. What might be some of the environmental pressures that would contribute to your belief that it is necessary to alter the structure?
With the project structure, you have four projects currently ongoing: stereo equipment, instrumentation and testing equipment, optical scanners, and defense communications.
Draw the new structure that creates these four projects as part of the organizational chart.
Text
Title:
Project Management
ISBN: 9780134730332
Authors: Pinto
Publisher: Pearson
Edition: 5TH 19
.
You are a member of the senior hospital administration. You become a.docxadampcarr67227
You are a member of the senior hospital administration. You become aware of a problem involving a long-time and well-respected employee, as well as the supervisor of said employee.
The employee in question is a social worker; a very competent and very conscientious professional. His wife has recently suffered a stroke with significant residual neurological deficit. This has resulted in the necessity that the social worker take days off to care for her; come in late or leave early to take her to medical, physical, or occupational therapy appointments; etc.
It is thought that, because of these demands on his time—and the taxing emotional overlay of dealing with the critical illness of a loved one, while simultaneously dealing with patients and families in similar situations—that his charting fell behind. In fact, it was discovered that he was writing social work notes 1–2 days after the fact, back-dating the notes, and placing them in the patients chart between notes of the same time frame as the date on the note.
When the social worker’s immediate supervisor became aware of this, she told him that such behavior must stop immediately. Given the circumstances, however, she opted to take no further action, did not document this in his personnel file, nor did she advise her superiors.
Other members of the staff became aware of this, and someone reported it to the CEO via a “Tell Us About Problems” Dropbox.
You have been assigned to address these multiple issues of ethics, standards of conduct, truth, and fairness. Also describe what concepts of change management theory you would apply in this situation.
Describe your answer in detail, citing references in APA format where appropriate. Your Journal entry should be at least 500 words.
.
YOU ARE A MEMBER OF THE SENIOR HOSPITAL ADMINISTRATI.docxadampcarr67227
YOU ARE A MEMBER OF THE SENIOR
HOSPITAL ADMINISTRATION.
YOU BECOME AWARE OF A PROBLEM
INVOLVING A LONG-TIME AND WELL-
RESPECTED EMPLOYEE, AS WELL AS THE
SUPERVISOR OF SAID EMPLOYEE.
THE EMPLOYEE IN QUESTION IS A SOCIAL
WORKER; A VERY COMPETENT AND VERY
CONSCIENTIOUS PROFESSIONAL. HIS WIFE
HAS RECENTLY SUFFERED A STROKE WITH
SIGNIFICANT RESIDUAL NEUROLOGICAL
DEFICIT.
THIS HAS RESULTED IN THE NECESSITY THAT
THE SOCIAL WORKER TAKE DAYS OFF TO CARE
FOR HER; COME IN LATE OR LEAVE EARLY TO
TAKE HER TO MEDICAL, PHYSICAL, OR
OCCUPATIONAL THERAPY APPOINTMENTS; ETC.
THAT HIS
CHARTING
FELL BEHIND.
IT IS THOUGHT THAT, BECAUSE OF THESE DEMANDS ON HIS
TIME—AND THE TAXING EMOTIONAL OVERLAY OF DEALING
WITH THE CRITICAL ILLNESS OF A LOVED ONE, WHILE
SIMULTANEOUSLY DEALING WITH PATIENTS AND FAMILIES
IN SIMILAR SITUATIONS—
WHEN THE SOCIAL WORKER’S IMMEDIATE
SUPERVISOR BECAME AWARE OF THIS, SHE TOLD.
IN FACT, IT WAS DISCOVERED THAT HE
WAS WRITING SOCIAL WORK NOTES 1-2
DAYS AFTER THE FACT, BACK-DATING THE
NOTES, AND PLACING THEM IN THE
PATIENTS CHART BETWEEN NOTES OF THE
SAME TIME FRAME AS THE DATE ON THE
NOTE.
GIVEN THE CIRCUMSTANCES,
HOWEVER, SHE OPTED TO TAKE NO
FURTHER ACTION, DID NOT
DOCUMENT THIS IN HIS PERSONNEL
FILE, NOR DID SHE ADVISE HER
SUPERIORS.
JOURNAL TOPIC
POST YOUR RESPONSE ON
THE UNIT 7 JOURNAL AREA.
Other members of the staff became aware of
this, and someone reported it to the CEO via a
“Tell Us About Problems” drop box.
You have been assigned to address these
multiple issues of ethics, standards of conduct,
truth, and fairness. Also describe what concepts
of change management theory you would apply
in this situation.
Describe your answer in detail, citing references
in APA format where appropriate. Your Journal
entry should be at least 500 words.
Slide Number 1Slide Number 2Slide Number 3Slide Number 4
.
You are a member of the Human Resource Department of a medium-si.docxadampcarr67227
You are a member of the Human Resource Department of a medium-sized organization that is implementing a new inter organizational system that will impact employees, customers, and suppliers. Your manager has requested that you work with the system development team to create a communications plan for the project. He would like to meet with you in two hours to review your thoughts on the KEY OBJECTIVES OF THE COMMUNICATIONS PLAN. What should those objectives be?
.
You are a member of the American Indian tribe. Think about how your .docxadampcarr67227
You are a member of the American Indian tribe. Think about how your life has changed since the English settlers (Plymouth Colonists) have settled on your land. How do you feel with them there? Are you happy? Are they happy? Write a letter to the colonists expressing your feelings. Bring in historical facts to make your letter believeable.
Your letter should include:
Describe your life before the arrival of the English settlers.
What were your first impressions on the settlers?
How has having the settlers live nearby changed your life?
Do you think the English settlers have the right to settle in Plymouth? Why or why not?
What can the settlers learn form you, and what can you learn from the settlers?
How can two cultures live together peacefully? What would you have to do to make this happen?
.
You are a juvenile justice consultant creating a proposal that w.docxadampcarr67227
You are a juvenile justice consultant creating a proposal that will be presented to the state legislature concerning the future of the juvenile justice system.
Create
a 10- to 15-slide Microsoft® PowerPoint® presentation, including speaker notes, detailing your proposal. Address recommendations for all aspects of the system, including:
Community involvement
Law enforcement
Courts and sentencing
Corrections
Include
a justification for the system based on history, trends, causation theories, and potential for reform.
.
You are a journalist and you have been sent off to write a story abo.docxadampcarr67227
You are a journalist and you have been sent off to write a story about a break in at a local school. You write for the local paper entitled The Local Post. This is the information that you have got so far.
Things that were stolen include:
Five laptop computers
Money that was raised for Comic Relief
Two digital cameras
The school is called Rosedale Primary School and the Head teacher's name is Mr John Jones.
People that could be interviewed are:
The Head teacher
Mrs Milton - a parent
Mr Thompson - lives down the road
The police have investigated and viewed the CCTV footage. There are two men seen committing this crime, covered in black clothing. Police are appealing for witnesses to come forward.
.
You are a juvenile court probation officer. You have a choice of.docxadampcarr67227
You are a juvenile court probation officer. You have a choice of programs including; mandatory counseling, family counseling, removal from the home and placing in foster care, diversion, incarceration in a youth home or mandatory participation in a 10 week boot camp. You must make recommendations to the judge for sentencing. You must use all the alternatives for the group and you can’t use more than one alternative twice. Make recommendations for each juvenile and explain your rationale. Note your difficulties and what further information you would have liked. Finally what is the overwhelming need for each person and how are you addressing that in your program.
Sally is 13 and lives in the suburbs of Fort Wayne. She was caught riding in a stolen car with two friends from high school. Sally has no record – her mother tells you that Sally was a model child until last year when her father died. Since then Sally’s grades have dropped and she has become unmanageable.
John is 16 and lives in Indianapolis. He has a long juvenile record dating back to when he was 10. John’s prior offenses include arson, disorderly conduct, larceny and assault (3). John was arrested for stealing lawn ornaments worth $23.00. John is unsupervised (no parental control) and missed his last probation meeting.
Don is 14 and lives in the inner-city of Gary, Indiana. Don has no father and his mother is a crack addict. Don lives by himself for long periods of time. In the past Don was arrested for stealing food from a local bakery. Don admitted to the theft, but noted he hadn’t eaten in two days. Don was removed from home – but was returned to his mother one year later. Don was arrested for possession of crack cocaine – it was believed he was selling.
Darlene is 12 and lives in the suburbs with her mother, step-father and new baby sister. Darlene has been in juvenile court a number of times in the past year for being a runaway. She was petitioned last month by her step-father for being incorrigible. Darlene refused to follow the family rules and is defiant to her step-father. Darlene is very intelligent and is openly disrespectful to her mother and step-father.
Stephen Holmes is 16 and lives in Noblesville. His father is a salesman and his mother is an executive with General Advertising Inc. Stephen has a prior record for larceny. Last month Stephen got into a fight with his brother who is 17. After the fight was over Stephen took his father’s gun and shot his brother in the head instantly killing him.
Papers will be completed in Word Format as an attachment. The papers will be typed in Times New Roman using 12 font. Papers will be double-spaced. The papers will be at least 500 words in length. The papers will be a critical examination of a topic area chosen by the instructor. Students are encouraged to critically examine and question a topic area in detail using their book.
.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
HomeworkPlease read the following note on fraud to broaden your .docx
1. Homework
Please read the following note on fraud to broaden your
understanding of the topic and to guide your responses. [More
guide]
Fraud
Fraud is a deception deliberately practiced in order to secure
unfair or unlawful gain (adjectival form fraudulent;
to defraud is the verb). As a legal construct, fraud is both a civil
wrong (i.e., a fraud victim may sue the fraud perpetrator to
avoid the fraud and/or recover monetary compensation) and a
criminal wrong (i.e., a fraud perpetrator may be prosecuted and
imprisoned by governmental authorities). Defrauding people or
organizations of money or valuables is the usual purpose of
fraud, but it sometimes instead involves obtaining benefits
without actually depriving anyone of money or valuables, such
as obtaining a driver’s license by way of false statements made
in an application for the same (Nigrini 2011).
Financial Statement Fraud
Financial statement fraud is one of the biggest challenges in the
modern business world. This is when corporations engage in
certain practices designed to hide or maneuver the accounts of a
corporation to help it continue to remain attractive to investors.
To counter financial statement frauds, especially in the
aftermath of the Enron scandal in 2001-2002, the US Congress
introduced the Sarbanes Oxley Act, the compliance with which
is mandatory for US corporations. A financial statement
fraud may be actionable under both the False Claims Act and
the Dodd Frank Act as well. You may have suffered a financial
statement fraud or may have original information about
a financial statement fraud, which means that you may be able
to bring either a financial statement fraud lawsuit or a
whistleblower lawsuit depending on the facts peculiar to your
case.
The most common occurrence of financial statement fraud is
2. when losses are underplayed or deliberately hidden by
corporations. Financial statement fraud comprises deliberate
misstatements or omissions of amounts or disclosures of
financial statements to deceive financial statement users,
particularly investors and creditors, outright falsification,
alteration, or manipulation of material financial records,
supporting documents, or business transactions, material
intentional omissions or misrepresentations of events,
transactions, accounts, or other significant information from
which financial statements are prepared, deliberate
misapplication of accounting principles, policies, and
procedures used to measure, recognize, report, and disclose
economic events and business transactions and also intentional
omissions of disclosures or presentation of inadequate
disclosures regarding accounting principles and policies and
related financial amounts.
There are massive issues that emanate from financial statement
fraud. Financial statement fraud undermines the reliability,
quality, transparency, and integrity of the financial reporting
process and jeopardizes the integrity and objectivity of the
auditing profession, especially auditors and auditing
firms. Financial statement fraud diminishes the confidence of
the capital markets, as well as market participants, in the
reliability of financial information and as a consequence makes
the capital markets less efficient. In the bigger picture it
adversely affects the nation's economic growth and prosperity,
results in huge litigation costs, destroys careers of individuals
involved in financial statement fraud and causes bankruptcy or
substantial economic losses by the company engaged
in financial statement fraud. It causes devastation in the normal
operations and performance of alleged companies and erodes
public confidence and trust in the accounting and auditing
profession. Ultimately financial statement fraudtranslates to
massive stockholder losses and debts to creditors, not to
mention emotional trauma to employees who lose their jobs and
3. retirement funds.
Financial statement fraud may be committed by the senior and
mid-level management of a corporation to fraudulently enhance
the financial health of a business and enrich one's own net
worth. Senior management may indulge in fraudulent cover-ups
to exceed the earnings or revenue growth expectations of stock
market, to comply with loan agreements, to increase the amount
of financing available from asset-based loans and to meet a
lender's criteria for granting/extending loan facilities. They may
also fudge the statements to create a rosy picture for the
shareholders.
Financial Statement Fraud Red Flags
Financial statement red flags provide a general overview of the
warning signs investors should take note of. They do not
necessarily indicate an undoubted occurrence of financial
statement fraud, but merely signal that further in-depth research
must be conducted to assess the validity of the corporate
documents. Creditors would find such information useful to
ensure that loans are not provided to firms operating with an
elevated amount of risk. Investors, on the other hand, may want
to take note of the following factors to discover new
shorting opportunities. Government regulators, however, aim to
catch and punish fraud to ensure the transparency and reliability
of the financial markets.
Five basic types of financial statement fraud exist:
· fictitious sales
· improper expense recognition
· incorrect asset valuation
· hidden liabilities and
· unsuitable disclosures
Effectively spotting these fraudulent disclosures involves
keeping an open eye for the most common financial statement
fraud red flags:
· Accounting anomalies, such as growing revenues without a
4. corresponding growth in cash flows. Sales are much easier to
manipulate than cash flow but the two should move more or less
in tandem over time.
· Consistent sales growth while established competitors are
experiencing periods of weak performance. Note that this may
be due to efficient business operations rather than fraudulent
activity.
· A rapid and unexplainable rise in the number of day's sales in
receivables in addition to growing inventories. This suggests
obsolete goods for which the firm records fictitious future sales.
· A significant surge in the company's performance within the
final reporting period of fiscal year. The company may be under
immense pressure to meet analysts' expectations.
· The company maintains consistent gross profit margins while
its industry is facing pricing pressure. This can potentially
indicate failure to recognize expenses or aggressive revenue
recognition.
· A large buildup of fixed assets. An unexpected accumulation
of fixed assets can flag the usage of operating expense
capitalization, rather than expense recognition.
· Depreciation methods and estimates of assets' useful life that
do not correspond to the overall industry. An overstated life of
an asset will decrease the annual depreciation expense.
· A weak system of internal control. Strong corporate
governance and internal controls processes minimize the
likelihood that financial statement fraud will go unnoticed.
· Outsized frequency of complex related-party or third-party
transactions, many of which do not add tangible value (can be
used to conceal debt off the balance sheet).
· The firm is on the brink of breaching their debt covenants. To
avoid technical default, management may be forced to
fraudulently adjust its leverage ratios.
· The auditor was replaced, resulting in a missed accounting
period. Auditor replacement can signal a dysfunctional
relationship while missed accounting period provides extra time
to "fix" financials.
5. · A disproportionate amount of managements' compensation is
derived from bonuses based on short term targets. This provides
incentive to commit fraud.
· Something just feels off about the corporation's business
model, financial statements or operations.
Financial Statement Fraud Detection Methods
Spotting red flags can be extremely challenging as firms that
are engaged in fraudulent activities will attempt to portray the
image of financial stability and normal business operations.
Vertical and horizontal financial statement analysis introduces a
straightforward approach to fraud detection. Vertical analysis
involves taking every item in the income statement as a
percentage of revenue and comparing the year-over-year trends
that could be a potential flag cause of concern. A similar
approach can also be applied to the balance sheet, using total
assets as the comparison benchmark, to monitor significant
deviations from normal activity. Horizontal analysis implements
a similar approach whereby rather than having an account serve
as the point of reference, financial information is represented as
a percentage of the base years' figures. Likewise, unexplainable
variations in percentages can serve as a red flag requiring
further analysis.
Comparative ratio analysis also allows analysts and auditors to
spot discrepancies within the firm's financial statements. By
analyzing ratios, information regarding day's sales in
receivables, leverage multiples and other vital metrics can be
determined and analyzed for inconsistencies. A mathematical
approach, known as the Beneish Model, evaluates eight ratios to
determine the likelihood of earnings manipulation. Asset
quality, depreciation, gross margin, leverage and other variables
are factored into the analysis. Combining the variables into the
model, an M-score is calculated; a value greater than -2.22
warrants further investigation as the firm may be manipulating
its earnings while an M-score less than -2.22 suggests that the
company is not a manipulator similar to most other ratio-related
6. strategies, the full picture can only be accurately portrayed once
the multiples are compared to the industry and to the specific
firm's historical average.
References
Francine McKenna (2012). The SEC and Accounting Fraud
Enforcement: No "There" There. Retrieved February 15, 2014;
from http://www.forbes.com/sites/francinemckenna/2012/11/29/
the-sec-and-accounting-fraud-enforcement-no-there-there/
COSO (2011). Guidance on Fraudulent Financial Reporting.
Retrieved February 16, 2014;
from http://www.coso.org/FraudReport.htm
Nigrini, Mark (2011). Forensic Analytics: Methods and
Techniques for Forensic Accounting Investigations. Hoboken,
NJ: John Wiley & Sons Inc. ISBN978-0-470-89046-2.
SEC (2012). Financial Statement Fraud. Retrieved February 16,
2014;
from https://www.sec.gov/News/PressRelease/Detail/PressRelea
se/1365171624975#.UwE3bmJdXBc
Review the Cardillo Travel Systems case study, located in
[http://books.google.com/books?
id=mbMJAAAAQBAJ&pg=PA295&lpg=PA295&dq=cardi
llo+travel+systems]
http://books.google.com/books?id=mbMJAAAAQBAJ&pg=PA2
95&lpg=PA295&dq=cardillo+travel+systems
Machine Lab Tour
20 PTS
IET 101 Winter 2014
7. Please complete and submit at the beginning of class on
Tuesday, 2/18 at the beginning of class.
We visited the Machine Lab this week in Hogue Hall. Your
task is to research and find one “machine shop” here in the
United States. Explain what they produce, where they are
located, four products produced at the location, any technology
used from design to machining, who their customers are, and
any other information you feel is relevant.
Next, choose one of the many CNC software programs in the
market today. Include how it works, the market it is sold to,
what can be made using it, and other information you feel is
relevant. Any pros/cons? Explain.
Finally, compare/contrast both a CNC lathe v. a normal lathe,
and a CNC mill v. a normal mill. Provide two examples of
parts/items created on each of the CNC lathe and normal lathe,
the CNC mill and a normal mill. Are there any pros/cons of
using one or both method? Explain. You may reference your
class notes from lecture or internet resources.
Your final submission must be at least one-page double spaced.
Please include all website or class note resources and one
picture of each of the four machines on the same page, but on a
separate page from the text. Be ready to submit on Tuesday
2/18, at the beginning of class. Please make sure to staple the
pages of your submission. Have a good weekend.
Homework
1-Fraud
Please respond to the following:
8. -- 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]