Oversight of accounting fraud and abuse


You are the internal accountant at a company which is preparing for an upcoming government contract bid. The management in your company is deciding if it is essential for the company to perform a full financial status review prior to the bid. As an internal accountant, make a report for management which gives supporting information for a full financial status review proceeding to the bid.

Write down a paper of no more than 1,050 words which comprises the given sections:

Section I: The impact of occupational fraud and abuse on the company.

Section II: U.S. governmental oversight of accounting fraud and abuse and its influence on the company.

Section III: Potential corruption schemes to be aware of in the company.

Section IV: Recommendation of kinds of accounting evidence and techniques of gathering such evidence to support the financial status review.

Format your paper consistent with the APA rule.

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Accounting Basics: Oversight of accounting fraud and abuse
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