Locate a recent expenditure cycle related fraud case.
The case must be an actual case, not hypothetical.
The case must have been in the news within the past three years (2015-2018).
The case must directly relate to the expenditure cycle (corruption in purchasing, petty cash, expense reimbursements, check tampering, etc.)
Explain how the case relates to the expenditure cycle.
Identify at least one control which could have prevented the fraud. The control must relate directly to the way in which the fraud was perpetrated.
Summarize the facts of your case and discuss your recommended control with the class.