ACC 100 Week 4 Discussion | Assignment Help | Strayer University
- strayer university / ACC 100
- 14 Aug 2020
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ACC 100 Week 4 Discussion | Assignment Help | Strayer University
Week 4 Discussion
As discussed in the video introduction, accounting fraud in large public
companies has produced its fair share of major news headlines over the past 20
years. Even though laws like Sarbanes Oxley have been put in place to minimize
the opportunity for financial fraud, the threat is still real in today’s
corporate environment.
Imagine you have been hired to oversee the financial audit of a major
company in your city. During the audit, one of the company’s employees has
disclosed a potential fraud situation involving an accounting department
supervisor.
·
In addition to alerting your own manager about the situation, which one
of the following options below would you choose to perform next as you proceed
with your investigation? Only choose one.
o Option A: Gather
additional information by interviewing other company employees.
o Option B: Meet with
other members of the management team to discuss the company’s current internal
controls for preventing fraud.
Why do you feel your choice would be most effective?
Discuss the reasoning for your selection.
Part 2: Respond to a Peer
Read a post by one of your peers and
respond, making sure to extend the conversation by asking questions, offering rich
ideas, or sharing personal connections.
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