How CSR related to accounting fraud?
Q: Explain what is meant by the fraud triangle
A: A Fraud Triangle is a framework commonly used in auditing to explain the motivation behind an…
Q: What was the motivation for Marrone’s Bio’s accounting fraud?
A: Accounting fraud refers to the alteration of the financial statements of the company and in an…
Q: Because all fraud involves some form of financial misstatement, how is fraudulent statement fraud…
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Q: Identify fraud risk factors or red flags.
A: The various fraud risk factors or red flags are: Inventory shrinkage: While it's natural to lose a…
Q: What is the best way to reduce financial statement fraud?
A: There are five basic types of financial statement fraud exist in the entity which are as…
Q: Define auditing. How is auditing different from accounting?
A: Accounting: Accounting is a system, or a process of collecting and organizing economic…
Q: of internal financial controls.
A: Internal financial controls are policies and procedures adopted by a company to ensure the orderly…
Q: What is the connection between criminology and the discovery or prevention of fraud? It's not the…
A: Fraud It is the deliberate act of doing anything to get illegal items and deny the victim's rights.
Q: Responsibility for prevention and detection of fraud?
A: Fraud: It is a sharp and clever practice of the person to deceive some intentionally to secure…
Q: How can SPEs be used to manipulate financial statements? Give one real case example on the misuse of…
A: Special purpose entities are the subsidiaries created for a specific purpose. These are used to…
Q: Cite any example of an accounting fraud.What actions were taken by the authorities after that?
A: Accounting fraud: It is basically manipulating the financial statements intentionally in order to…
Q: Who are covered by the anti-bribery provisions? Who are covered by the accounting provisions?
A: The Foreign Corrupt Practices Act of 1977 (FCPA) is a United States federal law known primarily for…
Q: Describe the difference between errors and fraud in financial statements.
A: Definition: Auditor: The auditor is an accounting professional hired by a company to review the…
Q: hy is fraud prevention so important?
A: Fraud in auditing refers to the illegal manipulation or wrong altered information reported in the…
Q: What is serious regulatory lapses in the system as difficulties in the financial system?
A: Financial system is the system where all the players are involved and exchange funds & money…
Q: What cause Fraud in Computerised Accounting
A: Computerized Accounting System: A computerized accounting system are software programs that are…
Q: Why and how the accounting fraud happen in an company?
A: Company financial statements include balance sheets, income statement, cash flow statement . The…
Q: Opportunity, is a fraud risk factor
A: Opportunity is the chance for committing fraud. It is an element of fraud triangle.
Q: In what ways might accounting frauds be similar to casesof academic dishonesty?
A: Definition: Fraud: Presentation of inaccurate data, intentionally for personal gains. There could be…
Q: How does criminology differ from the study of accounting or auditing?
A: Criminology is a detailed scientific study of various tools that analyzes the root cause i.e. the…
Q: Which of the following benefits of an effective accounting information system provides safeguards…
A: Definition: Accounting information system (AIS): An accounting information system (AIS) is a…
Q: What does a fraud perpetrator look like? How does one act?
A: Fraud: It is defined as an intentional or willful misstatement of facts which are necessary for the…
Q: What is business risk? and How does it affect audit risk?
A: Business Risk: Business risks are elements which have an adverse effect on the performance and…
Q: Are there any red flags in financial statement analysis?
A: Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: Define fraud and internal control
A: Fraud: Fraud can be defined as a deliberate and deceptive action of an employee to obtain unlawful…
Q: Explain how to conduct a fraud risk assessment
A: A fraud risk assessment is a detective and preventive tool used by an organization to identify,…
Q: How is net worth analysis used to prove fraud?
A: Net worth: It is the difference between total value of asset and liabilities. If net assets exceed…
Q: What does fraud includes?
A: Fraud: It is the practice of intentional misrepresentation of facts to make financial or personal…
Q: Fraud is not an accounting problem - it is a social phenomenon. Explain.
A: Fraud is defined as any unethical behavior or trickery committed by one person against another.…
Q: Distinguish between employee fraud and management fraud.
A: Employee fraud behavior occurs if an employee is falsely or fraud dedicated to its boss. The firm…
Q: How do fraud symptoms help in detecting fraud?
A: Fraud symptoms are indicators used by investigators to identify the perpetrator. These fraud…
Q: What is billing (or vendor) fraud?
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Q: How can you tell the difference between accounting mistakes and accounting fraud in financial…
A: This question tells about the difference between accounting mistakes and accounting fraud in…
Q: Explain the relation between ethics and financial statement fraud by giving examples.
A: Explanation: When it comes to the preparation, presentation, and disclosure of financial results,…
Q: What is Enron fraud and why is it important
A: Enron fraud is one of the biggest accounting fraud happened in the United States.
Q: primary difference between fraud and error in financial reporting
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Q: Explain the link between the opportunity to commit fraud and corporate governance systems.
A: Introduction: The set of rules, practices, and processes which guide and control a company is known…
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