ISSUES IN ACCOUNTING EDUCATION Vol. 18‚ No. 2 May 2003 pp. 137ñ173 The Tallahassee BeanCounters: A Problem-Based Learning Case in Forensic Auditing Cindy Durtschi ABSTRACT: You are auditing the books of the Tallahassee BeanCounters (TBC)‚ a minor league baseball team in Tallahassee‚ Florida. During your audit the teamís owner‚ Franklin Kennedy‚ approaches you and offers an additional fee if you will quietly investigate the possibility of fraud within the firm. Mr. Kennedy reports that he received
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7/22/13 WorldCom Search » Ethics Home Page About the Center Focus Areas Bioethics Business Ethics Campus Ethics Character Education Government Ethics Internet Ethics More... Publications Ethics Articles Ethics Cases Ethical Decision Making Videos Ethics Blogs Podcasts E-letter/Subscribe Contact Us Site Index WorldCom1 By Dennis Moberg (Santa Clara University) and Edward Romar (University of MassachusettsBoston) An update for this case is available. 2002 saw an unprecedented number of
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the company’s accounts. Enron’s non-transparent financial statement did not clearly depict its operations and finances with shareholders and analysts. In addition‚ its complex business model and unethical practices required that the company use accounting limitations to misrepresent earnings and modify the balance sheet to portray a favorable depiction of its performance. By misrepresenting earnings reports while continuing to enjoy the revenue provided by the investors not privy to the true financial
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FY 12 Recoveries2 Total $ 113‚920.04 1 OWCP may apportion recoveries from provider fraud to various agencies. Settlements stemming health care provider fraud typically reflect as a credit on the agency end-of-year Chargeback Report. It is clear that OWCP need to establish National and district level fraud units to pursue collections and process treasury collections. The agencies should not bear the financial burden of restitution payments that OWCP is failing to pursue. Allow USPS to develop
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Examining a Business Failure: WorldCom WorldCom was one of several large companies that failed because of inadequate organizational leadership‚ fraud‚ conspiracy‚ falsifying documents‚ and embezzlement. WorldCom has been classified as being “one of the biggest corporate scandals in Unites States history” (Zekany‚ 2004‚ p. 101). In 2001‚ the company’s financial condition began to decline due to the slowing telecommunications industry‚ which eventually put pressure on the company’s executive
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Now back to the welfare fraud case. I was lucky and fortunate enough to get to sit through a welfare fraud case here in Jefferson County. Where this case consisted of 30 Year old woman had gone and was collecting assistance. During the time she claimed that she had no income by all means and that she needed it. Well I did some research on the woman this woman has been charged with dealing and selling drugs inside and outside her home. She was selling narcotics inside her home and sold cocaine and
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wouldn’t have occurred to this magnitude. Donnelly was targeted in an internal investigation because she was one of three employees with the highest amounts of travel and expense reimbursements hers totaling‚ $115‚000. One of the red flags in the case was the fact that Donnelly’s supervisor had only submitted $40‚000 in travel and expense reimbursements that year. It turned out that Donnelly had been using several different schemes to accumulate such an outrageous amount of travel and expense reimbursements
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COVENANT UNIVERSITY‚ COLLEGE OF DEVELOPMENT STUDIES‚ SCHOOL OF BUSINESS‚ DEPARTMENT OF ACCOUNTING COURSE: FORENSIC ACCOUNTING COURSE CODE: ACC 416 WEEK: 10 TOPIC: FORENSIC ACCOUNTING AND FRAUD AUDITING OBJECTIVE: To acquire the knowledge and skills about forensic audit‚ its reporting and documentation. THE CONTEXT OF FORENSIC AUDITING Forensic audit encompasses the examination of evidence regarding an assertion to determine its correspondence to establish criteria carried out in a manner
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discuss why fraud occurs and discuss policies and actions at my hospital to prevent fraud‚ acting as a CEO of a hospital. No research is needed to tell anyone that the greed of money is the major reason why any sort of fraud occurs. In the healthcare industry‚ physicians‚ hospital administrators‚ and other healthcare professionals commit fraud by receiving kickbacks for unprovided goods and services. According to the Centers for Disease Control and Prevention (CDC)‚ “health care fraud perpetrators
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1.How does the citizenship status of the criminal in the case impact the ability to adhere to procedural due process? Be sure to include whether the criminal has dual citizenship. How does this affect the ability to apprehend and charge the criminal? 2.Where did the criminal reside at the time that the crime was committed? Does this information interfere with the investigation and apprehension of the criminal? Explain. In the case of the hackers being indicted‚ three of the men were United States
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