TAYLOR’S COLLEGE AMERICAN DEGREE PROGRAM FALL 2012 SEMESTER ACCT 201 – TEST 1 QUESTION 1 (10 marks) Identify by letter the assumption or characteristic of information that best represents the situation given. (One mark for each matching) A. Corporate governance F. Liabilities B. Going concern concept G. Financial Accounting Information. C. Reliability (Objectivity) Principle H. Generally accepted accounting principles D. Stable-dollar
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|PROJECT ON | | | |BANKING FRAUDS | | | SUBMITTED BY: • PRAJAKTA JADHAV - 9
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When watching Hallmark network films‚ it is quite common to see certain actors featured regularly‚ and sometimes we don’t even think about learning their names or looking up their other works‚ especially if they are in supporting roles. However‚ I have discovered that if I delve a little bit deeper‚ I often find that I come across incredible talent‚ and I understand why Hallmark chooses to highlight these gifted actors again and again. Matt Hamilton is one such actor. No matter what role he tackles
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FRAUD In criminal law‚ fraud is the crime of deliberately deceiving another person or company in order to damage them‚ usually for personal gain. Defrauding people of money is the money is the most common type of fraud. Some types of fraud include false accounting‚ check fraud‚ and Internet fraud. Accounting fraud or scandals are business scandals that come from the tampered reports‚ usually by long time employees or trusted executives in either a large corporation or small business. In order
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Fraud Investigator NAME COURSE NUMBER DATE Fraud Investigator If I were to be a part of the fraud examiner career field‚ I would have to choose the fraud investigative field. There are a wide variety of companies that hire fraud investigators; for example insurance agencies‚ realtors‚ banks‚ online retailers and also the government. There are plenty of other types of companies that need fraud investigators‚ because it is‚ unfortunately‚ an all too common crime. The job posting I found is
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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
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CHAPTER 1: I TRODUCTIO 1 The Effectiveness of the Communication Process of Prime Bank Limited 1.1 ORIGI OF THE REPORT This report on “The Effectiveness of the Communication Process of Prime Bank Limited” has been assigned to us by our respective course teacher Mr. SM Arifuzzaman. He assigned this report on December 05‚ 2008. He also mentioned the process of preparing this report at that time. The submission date had been mentioned as January 11‚ 2009. 1.2 OBJECTIVE OF THE REPORT Objectives
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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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remaining deadlocked on most of the counts against him. Because the Adelphia scandal emerged after the one at Enron‚ and the company was smaller in size than WorldCom or Tyco‚ it has garnered less public attention. But for the sheer audacity of the fraud‚ it ranks high up on the list. Adelphia executives testified that they routinely made up numbers that they gave to investors and lenders‚ even while the Rigases regularly withdrew money from the company without making reimbursements. Testimony at the
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Study CHAPTER TWO: LITERATURE REVIEW 1. Introduction 2. Types of Bank Frauds 3. Causes of Fraud 4. Effects of Fraud on Banks 5. Internal Audit function 6. Fraud and Internal Audit 7. Fraud Prevention 1. General Measures 2. Specific Preventive Measures 8. Elements of Fraud Auditing 9. Measures of Controlling Fraud in Banks 10. Statement of Internal Audit Standard No. 3 2.10.1 Deterrence of Fraud CHAPTER THREE: Research Methodology 1. Area of Study 2. Research
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