Discussion Post A
Bitcoin is a cryptocurrency. Cryptocurrencies are digital currencies. Kelly, Keidan and Milhench (2017) report that cryptocurrencies are growing in the hedge fund market with Bitcoin leading the way. Kelly et al. report that "determining the value of Bitcoin and other cryptocurrencies is tricky." What are the challenges for forensic auditors relative to cryptocurrency such as Bitcoin?
Article: Kelly, J., Keidan, M. & Milhench, C. (2017, October 23). Big money stays away from booming Bitcoin. New York Times.
Discussion Post B
Find an accounting-related fraud court case that is no more than 2 years old and then find an accounting-related fraud court case that is over 10 years old. Give a brief summary of both court cases. Compare and contrast the 2 court cases. Discuss if you think the level of sophistication in committing fraud has changed over the years. Who is committing the crime and how? What impact, if any, will the changes you found have on the auditor and/or fraud investigator?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.