Homework: Functional Business Systems
Identify a case of corporate fraud by finding a current event or by researching historical cases. After finding a case, complete the following in your initial discussion post:
a) Briefly summarize the case, including what happened, who was involved, and what damages were incurred.
b) Note how the fraud was detected and discuss any red flags that appeared prior to detection.
c) Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not?
d) Are there any specific business policies and procedures that could have been in place that would have prevented the fraud from occurring? Explain.
e) Embed course material concepts, principles, and theories, which require supporting citations along with at least two scholarly peer reviewed references supporting your answer
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.