For this assignment, you will select a different company than in the prior assignments and one that was recently exposed to financial fraud. The fraud could be an internal or external type of financial fraud; it is strictly a financial type of fraud. You will evaluate how financial information could have helped early detection of the financial fraud, and how auditing procedures would have helped to mitigate financial risk. You will develop a recommendation for a strategy to develop auditing and monitoring procedures that will improve efficiency, monitoring, controlling, and corporate financial governance practices and also influence financial governance policies. You will address potential risks for ethic violations and how the new procedures will mitigate the risk and justify why these procedures will increase efficiency, monitoring, controlling, and corporate governance.
Write a 4–5 page paper in which you:
Describe a selected company, its operations, and its associated industry that recently was subjected to financial fraud and evaluate these areas for strengthening corporate financial governance practices.
Evaluate in detail the financial fraud the selected company was exposed to, citing errors in financial operations, applications of accounting procedures, and lack of accounting oversight that includes any potential unobserved deficiencies.
Recommend a detailed strategy for a selected company with at least three integrated solutions for auditing and monitoring procedures to improve corporate governance of the company’s finances and mitigate financial fraud risk for the company.
Evaluate potential risks in the selected company for ethics violations and how the integrated solutions for auditing and monitoring procedures will mitigate the risk and that is supported with a justification for reducing the risk.
Evaluate at least two industry best practices in a recommendation to the selected company to adopt in its financial governance policies that would increase ethical standards and enhance corporate governance practices.
Provide at least four reliable, relevant, peer-reviewed references, published within the last five years that support the paper’s claims.
Write with accurate grammar, mechanics, and spelling in accordance with Strayer Writing Standards (SWS) style.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assessment is:
Develop a strategy for a given company to reach its revenue goals that addresses ethical decision making, costing approaches, outsourcing, and fraud detection.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more