ACC 556 Week 2 Discussion
Accounting Systems and Accruals Please respond to the following
From the e-Activity, From the e-Activity, discuss the role of a computerized accounting system. in an accounting scandal. Suggest two (2) preventive measures or remedies to protect the system and / or mitigate negative impact to the system. Provide a rationale for your response.
• Pretend that you are a criminal and want to commit fraud by altering your company- accruals. Create a brief (one [1] paragraph) plan for committing the fraud. Predict the major potential resulting damage to the company- financial statements from the fraud.