Five Governmental Organizations to Report a Scam in the United States The United States takes fraud very seriously and the majority of its government organizations dedicate time and specific teams to investigate and combat fraud from occurring within the government and governmental agencies. If you work within one of these sectors‚ you usually can safely report a scam under the protection of a whistleblower policy. If you witness this as a normal citizen‚ you can feel secure with the same protection
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CAUSES AND MEASURES OF CURBING FRAUD IN THE BANKING SECTOR. BY ESSIEN NSIKAK U. A RESEARCH PROJECT SUBMITED TO THE DEPARTMENT OF ACCOUNTING‚ COLLEGE OF BUSINESS AND SOCIAL SCIENCES‚ COVENANT UNIVERSITY‚ OTA. IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF BACHELOR OF SCIENCE (B.sc) DEGREE IN ACCOUNTING. CERTIFICATION I certify that this project titled “The Analysis of the causes and measures of curbing fraud in the banking sector” was carried
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Occupational Fraud and Abuse Maia Cunningham-Fortson Concordia University Abstract What is abusive conduct? How does abusive conduct apply to occupational fraud and abuse? What if anything can be done to eradicate the behavior? Are there any methods that can be put in place to deter or prevent this conduct? What is meant by fraud deterrence being a “modification of behavior through the perception of negative consequences?” Do internal controls have an impact on deterring or modifying
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What Is Involved In Identity Theft Fraud? “Identity Theft” is a term that you have probably heard a lot in recent years. As things become increasingly automated and electronic‚ your personal data is at a higher risk of being stolen or compromised‚ resulting in a loss of money‚ credit‚ and time. And although most people have heard of identity theft fraud at some point‚ lots of people still don’t understand exactly how it works. First‚ the thief has to obtain information about the victim. There
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CORPORATE GOVERNANCE ESSAY Can Corporate Governance Mechanism Prevent Corporate Fraud? Executive Summary This paper will reviews the extent to which corporate governance acts as efficient tool to protect investors against corporate fraud‚ thus contributing to summarize the literatures on role of corporate governance on preventing occurrence of corporate fraud. In a more recent study‚ corporate fraud is part of earnings manipulation done outside the law and standards. Whereas‚ the activities
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A Report into Accounting systems of Inkwell Ltd & recommendations for Improvement. Contents 1. Terms Of Reference 2. Executive Summary 3. Methodology 4. Introduction 5. Findings and Recommendations 6. Cost and Benefit analysis 7. Appendices Terms of Reference 1.1 This project has been prepared to cover the requirements of the Internal Control and Accounting Systems unit‚ for the Level 4 Stage for the Association of Accounting Technicians. 1.2 The report identifies
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Epidemic: Preventing Financial Fraud among Elderly Yi Yao San Diego State University April 8‚ 2013 America’s Invisible Epidemic: Preventing Financial Fraud among Elderly Senior citizens have long been the target of financial fraud and material abuse. The fraud can be perpetrated by someone does not know the victim which is classified as consumer fraud or perpetrated by someone who knows the victim. According to the 2010 Investor Protection Trust (IPT) Elder Fraud Survey‚ more than seven million
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cash fund‚ but kept the excess funds for himself” (Chief Financial Officer Plead Guilty). Additionally‚ Solo attempted to hide the embezzlement by‚ falsifying the financial records of the company; destroying records of the checks; and hiding the fraud from outside auditors hired by the company to review its finances. Because of his actions‚ “Solo faces a maximum sentence of 20 years in prison and
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Apollo Shoes‚ Inc. Potential for Fraud Memo September 24‚ 2014 There are a few “red flags” that have come to my attention while reviewing the minutes provided to me from Apollo Shoes‚ Inc. For starters‚ in our first meeting we requested to meet with the predecessor‚ and was told by Mr. Unum who is the Vice President of finance‚ they would rather we not speak to them. When a company refuses to have the current auditor speak with the previous auditor this always throws up a red flag. Another red
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ACC 461 Auditing Financial Statement Fraud: Lessons from the ZZZZ Best Case The video “Cooking the Books” discussed the ZZZZ Best case of fraud‚ it tells how and why fraud was perpetrated by Barry Minkow and why it was undetected for so long. According to the video‚ ZZZZ Best was founded by Barry Minkow in 1982; when he was sixteen years old‚ it started as a carpet cleaning company. But‚ due to high competition in the industry‚ low entry barriers‚ and bad internal control‚ this young entrepreneur
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