1. Compose a summary 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 organization’s stakeholders (customers‚ vendors‚ employees‚ executive committee‚ and board of directors). Comerica is being sued by Experi- Metal’s for a $560‚000 phishing attack to their bank account. Experi- Metal‚ a custom auto- parts maker‚ was hit by phishing
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ZZZZ Best Company Fraud Case Study 1) At an early age‚ Barry Minkow was introduced to the carpet cleaning industry by his mother who worked part time as a telephone solicitor for a small carpet cleaning company. This insight of the industry allowed Minkow to understand that the carpet cleaning industry was one which had very few barriers to entry‚ no licensing requirements‚ and required only a small amount of capital to enter. Also‚ because of these few barriers to entry‚ the industry has historically
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"Corporate Fraud" when you hear those words the first‚ most recent incident‚ many think of is The Enron Scandal. This same scandal produced the Public Company Accounting Reform and Investor Protection Act of 2002. This much needed act created the Public Company Accounting Oversight Board under the Security Exchange Commission ’s supervision. This board sets accounting standards and investigates Certified Public Accountants and companies to ensure they are following the guidelines set forth. This
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The reason why people resist change. (1) Loss of status or job security in the organization. 失去现在的位置和工作的保障 It is not our nature to make changes that we view as harmful to our current situation. In an organizational setting‚ this means employees‚ peers‚ and managers will resist administrative and technological changes that result in their role being eliminated or reduced. From their perspective‚ your change is harmful to their place in the organization! Forcing the change has its place. This approach
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giving legal advice or presenting cases in court. As a paralegal‚ frequently doing the research required for a case‚ investigating all judicial decisions in previous court cases‚ finding appropriate laws and legal articles to ensure all relevant information is gathered. You are typically responsible for organizing and analyzing the information gathered and then preparing reports used by the attorneys‚ for deciding the most effective course of action in a particular case. There is always a plus side
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University of Brighton School of Education SEND Pre-Course Task 4: Working with parents / carers and colleagues in school How to use these materials This unit is an introduction to a key area of your course and will help you in maintaining an environment where all learners are included. The tasks provide some of the key information on current policy‚ theory and practice that you will be required to engage with through your course of study and professional practice. Take a critical and evaluative
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Should we as consumers resist Globalization? In order for us to fully answer this question we must look at the advantages and disadvantages of Globalization from the perspective of the consumer. Seeing as every person on this planet at some point of another has been a consumer we should not have an issue giving an answer to the question. At this point it is good to point out that the United States has always been a melting pot for cultures throughout the world. We were founded on the concept
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‘Don’t compete with colleagues; Embrace them’ “The survey by OfficeTeam revealed that nearly half of senior managers believe employees are more competitive with each other today than they were 10 years ago” (BusinessNewsDaily‚ 2012). In the real business world‚ getting along with colleagues makes the work environment and workers more productive and enjoyable in today’s organizations. However‚ not all situations with colleagues are easily dealt with. The given article entitled‚ ‘Don’t compete with
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Running head: CASE ANALYSIS OF THE ACCOUNTING FRAUD AT WORLDCOM Case Analysis of the Accounting Fraud at WorldCom Angela Crossley Troy University October 27‚ 2008 History The origin of WorldCom can be traced back to 1983. The CEO‚ Bernard J. Ebbers‚ of WorldCom had very interesting beginnings. He invested in Long Distance Discount Services (LLDS) with eight other investors‚ and believed that the telecommunications industry was a very good business venture. In the beginning
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Class: * File Name: * Assignment: * * This program allows a user to calculate a mortgage payment based on their input. * The input consists of the loan amount‚ length of the loan‚ and the interest rate. */ import javax.swing.*; import java.awt.*; import java.awt.event.*; import java.text.*; import java.io.*; // Sets the Mortgage1 class which allows a user to calculate a mortgage loan public class Mortgage1 extends JFrame { // Creates the buttons that will be used
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