"Fraud" Essays and Research Papers

1 - 10 of 500

Fraud

was heard stating that if he was out of the picture, the team would fail. Hill’s micromanaging style shows a need to have control over every detail of the business. This type of management is a huge red flag pointing towards financial statement fraud (ACFE, 2012, p.1.238).One of the employees, Sam MacCarty, pointed out that though Ackers is the President of the team, Hill is seen as the one in control. This could lead to a possible resentment of Ackers and the team as a whole. Hill is pulling all...

Premium Accounting software, Accounts payable, Accounts receivable 1250  Words | 3  Pages

Open Document

Fraud

Can corporate fraud ever be eliminated from the workplace? Abstract Corporate fraud has been a growing issue since Enron bankruptcy. The factors that contribute to the occurrence of corporate fraud are hard to control and methods used to prevent and detect fraud both by internal control and outside auditing have unavoidable weaknesses. Despite all the effort being made, it is highly unlikely that corporate fraud can be eliminated from the workplace. Introduction After Enron scandal got...

Premium Audit, Auditing, Financial audit 1427  Words | 5  Pages

Open Document

Healthcare Fraud

Fraud is a serious crime that should concern all parties of the U.S. health care system and is a costly reality that the government cannot overlook. While not all fraud can be prevented, by learning about the many different types of fraud, patients can be educated on how to protect themselves from fraud. If we use government programs to inform the public that they can be targeted, the dollar amount for these cases for fraud can be reduced. An informed public and a properly funded FBI will go a...

Premium Federal Bureau of Investigation, Fraud, Health care 1833  Words | 5  Pages

Open Document

Fraud Prevention

talking about a fraud hotline program to help detect fraud and also preventing fraud. Fraud Prevention Management is aware of the increased requirements for a public company to maintain a system of internal control to help prevent and detect fraud. The CEO, Mary Moore, is also interested in using a proactive posture toward building an antifraud prevention program, including exploring using a proactive auditing approach to fraud discovery. The internal auditor and the external fraud investigator...

Premium Audit, Auditing, Financial audit 1619  Words | 5  Pages

Open Document

Corporate Fraud

Corporate Fraud I. Introductions a. Fraud in the accounting environment is on the increase. b. Fraud takes place in different forms in the accounting environment. II. The growing risk of fraud and corruption a. Local problems, global pain b. Awareness is crucial c. Tailoring efforts to avert damage III. Preventing Fraud a. Background checks and enhanced due diligence b. Monitoring and evaluating preventive controls c. Continuous controls monitoring IV. Can we eliminate fraud and corruption ...

Premium Audit, Auditing, Auditor's report 745  Words | 3  Pages

Open Document

Healthcare Fraud

Kathleen Sibelius announced “nationwide takedown” by Medicare Fraud Strike Force operations, in eight cities that resulted in charges against 89 individuals, which included doctors, nurses and other licensed medical professionals, for their alleged participation in Medicare fraud schemes involving approximately $223 million in false billings. In Chicago, seven individuals were charged, including two doctors, with a variety of health care fraud schemes. This (sixth) nationwide takedown targeted eight cities:...

Premium Federal government of the United States, Fraud, Health care 1734  Words | 5  Pages

Open Document

Fraud Examination

commit fraud because of financial pressures, vices, or because of work-related pressures. As well, perpetrators of fraud can be motivated by a perceived opportunity to commit fraud and the ability to rationalize that what they are doing is not wrong. Their motivations are usually combined into the fraud triangle of perceived pressure, perceived opportunity, and rationalization. 3. The fraud triangle includes three elements that almost always must be present in order for someone to commit fraud: a...

Premium Fraud, Motivation, Person of interest 818  Words | 3  Pages

Open Document

Tax Fraud

topic of tax fraud. We will begin by introducing the basic concepts of tax fraud. Secondly, this paper will also delve into some of the laws that have been passed as punishment for those parties that decide to commit tax fraud. We will also highlight some of the more current examples of tax fraud that have been committed and the details that lead to the perpetrators being caught. Lastly we will discuss the role that criminal investigators have in the realm of tax fraud. Tax fraud can be stated...

Premium Fraud, Internal Revenue Service, Tax 1674  Words | 5  Pages

Open Document

Accounting Frauds

Proactive Fraud Auditing End of Chapter 4 in Albrecht FRAUD DETECTION Recognizing the Symptoms of Fraud Identify Risk Exposures Proactively Look for Symptoms & Exposures 1 2 Actg 537 Identify Fraud Symptoms for Each Exposure 3 4 Investigate Identified Symptoms Symptoms of Fraud What are some irregularities in source documents to look for?  Missing Documents  Payee Names & Addresses = Employee  “Stale Items” on Bank Items” Reconciliation  Excessive Voids or Credits ...

Premium Data analysis, Revenue, Inventory 1208  Words | 5  Pages

Open Document

The Auditor and Fraud

PREVENTION AND DETECTION OF FRAUD. The primary responsibility for fraud detection lies with management. This arises due to a contractual duty of care. Directors are able to discharge their duty toward prevention and detection of fraud and error in many ways, for example: * Complying with the Combined Code on Corporate Governance * Developing a code of conduct, monitoring compliance and taking action against breaches * Emphasising a strong commitment to fraud prevention. This involves...

Premium Accounting scandals, Audit, Auditing 1167  Words | 4  Pages

Open Document

Become a StudyMode Member

Sign Up - It's Free