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(solution)- ACC 571 Week 10 Assignment 4 - Asset Misappropriation and Corporate Governance


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The Question

For this assignment, use the Internet or Strayer databases to research and identify an organization that was a victim of asset misappropriation.

 

 

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Write a five to six (5-6) page paper in which you:

 

 

1.????? Based on your research, evaluate the type of asset misappropriations that occurred at the organization, and assess the factors that contributed to the misappropriation. Give your opinion on whether poor management or lack of management played a role in the asset misappropriation. Provide support for your rationale.

 

 

2.????? Evaluate the legal mechanisms that could have been used to recover assets through the civil and criminal justice systems. Assess whether the civil and criminal justice systems did an effective job in recovering the organization?s assets. Provide support for your rationale.

 

 

3.????? Assess management?s responsibility to share information related to the breach with various stakeholder groups, indicating what should be shared and how. Provide support for your rationale.

 

 

4.????? Review AICPA Statements on Auditing Standard (SAS) No. 99, ? Risk Factors Relating to Misstatements Arising from Misappropriation of Assets?, found within the text. Assess SAS 99 risk factors and discuss if the risk factors were prevalent in the organization you researched. Give your opinion on whether or not organizations should implement a plan that reviews risk factors on a regular basis to determine if fraud has occurred. Explain why or why not.

 

 

5.????? Review the corporate governance plan of the organization you researched, evaluate the effectiveness of the plan, and make suggestions for improvements to protect the stakeholders. Provide support for your rationale.

 

 

6.????? Recommend a fraud prevention plan for this organization. Determine what positive or negative consequences this fraud prevention plan might have on employees? morale and the public perception of the organization.

 

 

7.????? Use at least four (4) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

 

 

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Your assignment must follow these formatting requirements:

 

 

????????? Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

 

 

????????? Include a cover page containing the title of the assignment, the student?s name, the professor?s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

 

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The specific course learning outcomes associated with this assignment are:

 

 

????????? Examine the basic concepts related to fraud, including environment, impact, and the methodologies related to fraud examination.

 

 

????????? Analyze the theories related to crime causation, the essence of crime, organizational environment conducive to crime, and ethical issues related to fraud.

 

 

????????? Examine the human factors related to corruption and how understanding these factors can facilitate the fraud prevention and deterrence process.

 

 

????????? Use technology and information resources to research issues in forensic accounting.

 

 

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????????? Write clearly and concisely about forensic accounting issues using proper writing mechanics.

 


Solution details

Solution #000261124785

(solution)- ACC 571 Week 10 Assignment 4 - Asset Misappropriation and Corporate Governance.zip

ACC 571 Week 10 Assignment 4 - Asset Misappropriation and Corporate Governance

body preview (471 words)

For xxxx assignment, use the Internet xx Strayer xxxxxxxxx to xxxxxxxx xxx identify xx organization that was x xxxxxx of asset xxxxxxxxxxxxxxxxx

 

 

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xxxxx a five xx six xxxxx xxxx xxxxx in xxxxx xxxx

 

 

1.xxxxxxxxxxxxxxxxx xx your xxxxxxxxx evaluate xxx xxxx of xxxxx misappropriations xxxx occurred xx xxx organization, xxx xxxxxx xxx xxxxxxx xxxx contributed to xxx xxxxxxxxxxxxxxxxx Give xxxx xxxxxxx xx whether poor xxxxxxxxxx or lack xx management played a xxxx xx the xxxxx xxxxxxxxxxxxxxxxx Provide xxxxxxx for xxxx xxxxxxxxxx

 

 

xx??????Evaluate xxx legal mechanisms xxxx could xxxx been xxxx xx xxxxxxx xxxxxx through xxx xxxxx xxx criminal justice systems. Assess xxxxxxx the civil and criminal xxxxxxx xxxxxxx xxx an xxxxxxxxx job in recovering the xxxxxxxxxxxxxxxx xxxxxxx Provide xxxxxxx for your rationale.

 

 

xxxxxxxxxxxxxxAssess xxxxxxxxxxxxxx xxxxxxxxxxxxxx xx xxxxx information xxxxxxx to xxx xxxxxx with various stakeholder groups, indicating what should xx shared xxx xxxx

 

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file1.docx preview (2534 words)

OFF xxxxxxx xxxxx xxxxxxxxx

 

ENRON xxxx

 

xxxx x

 

Off-Balance xxxxx xxxxxxxxx is xxxx situation xxxx x company xxxx xxx disclose its large capital expenditure in xxx xxxxxxx xxxxx xx xxxxxxx xxxx under xxxxxxxxx xxxxxxxxxx or xxxxxxxxxxxxxxx through xxxxxxx methods. xxxx is done xx the companies xxxx xx xxxx xxxx xxxx xxxxx xxxxxxxx xxx xxxx to equity xxxxxx xxxx xxxxx xxx actually xxx xxxxxxxxx xx loan, equity xxx xxxxx xxxxx are not shown in balance sheet xx xxx company.

 

Operating xxxxx is xxx of xxx xxxx common xxxxxxxx of off-balance xxxxx xxxxxxxxxx xx xxxx xxxxxxxxxxx the asset is not xxxxx xx xxx balance sheet xx the xxxxxxx xxx xxxx asset is shown in the xxxxxxx sheet xx the lessor. And on the other xxxxx xxx lessee is xxxxxxxx to disclose xxxx the xxxxxx xxxxxxx made xx xxx xxx xxx xxxxx of xxx asset. Generally xxxxxxxx xxxxxxxxxx Principles xxxxxx has xxxxx xxxxxxx xxxxx xxx regulations to xxxxxxxxx whether x particular xxxxx should xx xxxxxxxxxxx xx expensed xx xxx financial

 

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This paper was answered on 19-Jul-2017

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