Discussion:
We believe threaded discussions are critical to the success of a top-quality DeVry University Online course. Why? Because online threaded discussions mirror the discussions that take place in a site-based DeVry University classroom. Online discussions take place asynchronously with each student posting or commenting by logging on to the class at different times. Students initiate discussions, ask questions, react to other students, respond to ideas shared by others in the class, and become more creative in their own learning process. This interaction not only allows students to grow cognitively but collegially. Threaded discussions provide for the formation of learning communities, communities where knowledge is imparted and meaning is co-created, thereby setting the stage for the accomplishment of learning outcomes.
Discussion Threads:
There are many ways employee can commit fraud and often they involve false documents that help skirt internal control. Accountant are perhaps that most valuable employee fraud fighters because they possess the best understanding of how business operates.
1) What are economic reality audits? Can accountants investigate the lifestyles of fraudsters?
Discusion thread
2) Securities investments have been widely misclassified by fraudulent corporate chiefs. GAAP requires investments of debt securities (such as bonds) to be classified as trading, held to maturity, or available for sale. Investments may be classified as held to maturity only if the holder intends to and is able to hold those securities to maturity.
Class, What is the internal accountant / auditor's task with respect to fraud? Who has primary responsibility?