Posted: April 5th, 2021
in 6 to 8 sentences please answer prompt belo
Accounting fraud in large public companies has produced its fair share of major news headlines over the past 20 years. Even though laws like Sarbanes Oxley have been put in place to minimize the opportunity for financial fraud, the threat is still real in today’s corporate environment.
Imagine you have been hired to oversee the financial audit of a major company in your city. During the audit, one of the company’s employees has disclosed a potential fraud situation involving an accounting department supervisor. In addition to alerting your own manager about the situation, which one of the following options below would you choose to perform next as you proceed with your investigation? Why do you feel your choice would be most effective? Discuss the reasoning for your selection. Only choose one.
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