Business Fraud

Business Fraud Jamaine Q Williams Dr. E. Konwufine Acct 564 April 29, 2012 Assignmen#1 Abstract In this musical theme that youre about to order I result be talking about Stanford pecuniary Group and how it quickly tumbled drink down hill from charade. I will compose a epitome of the character reference. Include how the fraud was perpetrated, the characteristics of the perpetrator(s) who committed the fraud, the role the auditor(s) had in the case, and the trail and in signal effects the possibility had on the agreements s lay downholders (customers, vendors, employees, executive committee, and board of directors).Suggest the fraud classification(s) the case can be categorized into (based on the info impact model). Include your rationale for the classification. Suggest the type of controls that whitethorn corroborate been in place at the time of the violation. root on two (2) types of controls that could be implemented to prevent fraud in the future and addi tional steps management can seize on to mitigate losses. Judge the punishment of the crime (was it appropriate, too lenient, or too harsh) and whether the punishment would serve as a preventative to similar acts in the future and use at least(prenominal) lead (3) quality academic resources in this assignment. Compose a succinct of the case.

Include how the fraud was perpetrated, the characteristics of the perpetrator(s) who committed the fraud, the role the auditor(s) had in the case, and the direct and indirect effects the incident had on the organizations stakeholders (customers, vendors, employees, executi ve committee, and board of directors). R. A! llen Stanford controlled the Stanford Financial Group, the Texas billionaire was charged on February 13, 2009 with perpetrating an $8-billion enthronement fraud, cast himself as offshore investment guru to the transatlantic flow set and benefactor to the Caribbean islands poor through multimillion-dollar promotions of their costly tout of cricket. Stanford financial Group was comprised of several affiliated...If you want to operate a full essay, order it on our website: BestEssayCheap.com

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