Phar-Mor declared bankruptcy due to fraudulent financial reporting and misappropriation of assets‚ making it one of the largest frauds in U.S. history. Below‚ we will use auditing standard AU 316.85 Appendix A in conjunction with the video “How to Steal $500 million” to analyze how incentives/pressures‚ opportunities‚ and attitudes/rationalizations allowed for fraud to start and continue at Phar-Mor. Incentives/Pressures Annual reoccurring losses due to small margins put pressure on the
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“Argument Against Illegal Immigration” America has traditionally been known as a “melting pot‚” welcoming people from different countries. However‚ during the past few years‚ there has been an influx of illegal immigrants that a lot of people view as a threat to the sovereignty of our nation. This flood of undocumented immigrants has spawned a debate about whether illegal immigrants should be allowed to cross national borders and stay in the country to start a new life. In June 2008‚ an article
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Illegal immigration America has been known as the land of opportunity and makes it possible for anyone to live the American dream; however‚ nothing comes easy. As of now there are over eleven million illegal immigrants living in the United States with an estimated 1400 new illegal immigrants arriving daily (Katel 1). With so many immigrants currently taking resident in the United States‚ it is impossible to deport all of them. Although coming into this country illegally is wrong these immigrants
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There are many different ways to accomplish this illegal activity‚ such as ballot stuffing‚ registration fraud‚ and voter impersonation. Obviously‚ submitting more than one ballot in the slot at a time‚ or ballot stuffing is the simplest and the easiest of the three. Even though registration fraud‚ or creating a fictional person and registering with the phony identity or without permission the identity of a real person is
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Illegal Immigration There are so many problems and issues concerning illegal immigration. It is time our government did something about it. According to the online Law Encyclopedia‚ an alien is a non-citizen who has entered the United States without government permission or stayed beyond the termination date of a visa. This is causing problems for America and something should be done about it. Illegal aliens do not pay taxes. Taxes pay for schools and other public services. Illegal aliens do
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Illegal immigrants need a chance Have you ever thought about how we get fresh fruits for our daily consumption or how we get some farm products to the markets? If your answer is no‚ than get to know it is being done by illegal immigrants who are working under table. When immigrations reports are given people focus their attention on the in flocks of illegal immigrants who are in the US‚ but they tern to forget about the great contribution they are making to the economy‚ community and the developments
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Government Contractor Fraud John Graham CJ 415 Section 1 Winter 2013 In his book titled Trusted Criminals‚ Friedrichs defines white collar crime as “illegal or unethical acts…by persons of high or respectable social status for personal or organizational gain” (Friedrichs‚ 2010). This may well be true in the corporate world‚ but in the world of Defense Contractors‚ many are just regular people performing a job. These people seize an opportunity to steal sometimes millions of tax payer dollars
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Illegal Immigrants With the rise of illegal immigrants‚ the United States has had difficulties solving the issue for a long time. Hence‚ there’re many factors for the causes and solutions from different branches and the government. “Amnesty?” and “Why blame Mexico?” are two articles that discuss the reasons for millions of Mexicans risking their lives to come illegally to the U.S. and indeed illustrate the writer’s perspectives and ideas for those people. In “Amnesty?”‚ John F. Kavanaugh‚ a
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Illegal Downloading: Everyone does it‚ so what’s the problem? You are sitting at home on the computer thinking of what you want to do. You realize you haven’t heard the latest song from your favorite band. You start up a P2P (peer-to-peer) program called Limewire. You search for your song and it appears in the list; you start to download it. What you just did was completely illegal and can get you into a lot of trouble. Most people would think to themselves‚ “What’s the harm in downloading
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example they may claim that political climate or legal issues preclude them from accessing funds in a foreign bank account. They may also claim that your last name is the same as that of the deceased person who owned the account and suggest that you act as the Next of Kin of this person in order to gain access to the funds or that a rich businessman‚ who has a terminal illness‚ needs your help to distribute his wealth to charity. The messages offer to let you keep a significant percentage of the
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