Problem:
1) Using at least three (3) recent credible sources:
2) Justify how the reporting requirements of the PCAOB reduce the chance of financial fraud.
3) Illustrate the responsibilities of an auditing firm to detect fraud during the audit process.
4) Recommend alternatives to the PCAOB.
5) Prepare a sample timeline for PCAOB reporting.
The specific course learning outcomes associated with this assignment are:
- Examine different types of organizational illegal activities, including cybercrimes and the impact to the organization.
- Use technology and information resources to research issues in forensic accounting.
- Write clearly and concisely about forensic accounting issues using proper writing mechanics.