BS2003-01b Collegiate Case Study Adelphia founder‚ 2 sons‚ 2 others arrested in fraud By David Lieberman and Greg Farrell www.usatodaycollege.com Accounting fraud Part II: The results “Creative accounting” is not a new technique‚ but it can certainly be a costly one. Businesses feel the pressure to appear profitable in order to attract investors and resources‚ but deceptive or fraudulent accounting practices often lead to drastic consequences. Are these so-called creative practices
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Fraud Auditing and Different type of fraud Introduction Over the years‚ the role of auditors become increasingly important especially in a capitalist economy as the process of wealth creation and political stability depends heavily upon confidence in processes of accountability and how well the expected roles are being fulfilled. An auditor has the responsibility for the prevention‚ detection and reporting of fraud‚ other illegal acts and errors is one of the most controversial issues in auditing
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Project Oversight Albert Payne CPMGT/303 June 29‚ 2015 Roy Wood Introduction We will look at the oversight in my organizations process in project management. Although we have certain processes and procedures in which we use I will incorporation project oversight in those areas. One process that stands out for my organization is called “Post Mortem”‚ this is a process that the executive branch uses on closure of projects or tasks. Post Mortem is where the manager of that department
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Topic: | Project Closure and Oversight | Topic Objectives: | By the end of this tutorial you should be able: * To appreciate the importance of engaging in project reviews * To identify the major elements of a project review * To understand key issues surrounding project closure * To provide useful advice for conducting performance reviews of project members. * To develop an appreciation for the value of lessons learned * To provide a primer of retrospective
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Question #1: Compare/contrast the different aspects of legislation that govern the Intelligence process. Areas to be taken into consideration is how Intelligence Oversight contributes to the overall process and areas that that you deem could be improved upon. The Intelligence Community (IC) has different legislations as well as executive powers to help govern the operation. Some of the legislation has been established to keep current with the time and technologies‚ while others have help protect
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Governmental Financial Reporting Presented by David R. Koeppen‚ Ph.D.‚ CPA Department of Accountancy Boise State University dkoeppen@boisestate.edu Topics • • • • • Introduction Reporting Basics Fund Accounting Government-wide Financial Statements Summary and Conclusion Introduction • • • • Purpose of Financial Reporting Generally Accepted Accounting Principles Characteristics of Governmental Entities Effects of Characteristics on Financial Reporting Purpose of Financial Reporting • Private
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How the Fraudsters Fool the Auditors History of financial statement frauds acquisition accounting related party transactions non existent bank accounts - relationship with auditors overstated bank balance off balance sheet accounting misleading disclosures Changes occurring from Sarbanes Oxley Higher standards for corporate governance and accountability Creating an independent regulatory framework for the accounting profession Enhancing the quality and transparency of financial reports Developing
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A non-governmental organization (NGO) is a type of non-profit organization that works to promote human good while operating separately from any national government. The definition of an NGO varies slightly from nation to nation‚ but most NGOs fall within this framework. Because of the somewhat nebulous definition‚ the total number of NGOs worldwide is unknown‚ with a wide range of estimates available. Some NGOs work with governments and the United Nations to accomplish their ends‚ with certain
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Group Inc. is a full service investment bank and security firm. Rajat Gupta was found guilty of leaking inside information to the outside‚ and was sentenced to two years in prison‚ and some pretty hefty fines. Rajat Gupta was not the average fraud perpetrator he was total opposite at least from the articles description of him. The article states‚ “Mr. Gupta’s was a classic American success story. He grew up in New Delhi‚ excelling academically despite the death of both of his parents when
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Medicaid Fraud HCS/545 July 9‚ 2012 Medicaid fraud comes in many forms. A provider who bills Medicaid for services that he or she does not provide is committing fraud. Overstating the level of care provided to patients and altering patient records to conceal the deception is fraud. Recipients also commit fraud by failing to report or misrepresenting income‚ household members‚ residence‚ or private health insurance. Facilities have also been known to commit Medicaid fraud through false billing
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