ACC 375 Week 3 Individual Assignment

Individual : Ethics Situation 1: Fraudulent Schemes Report

Your accounting firm has been hired to consult with a small company regarding fraudulent schemes. The company has experienced fraudulent behavior and recently terminated a few employees as a result of unethical behavior, including the theft of cash. They are looking for information regarding common fraudulent schemes surrounding an organizations inflow of customer payments and outflow of funds. They have indicated that, though they do not have a large staff, they are interested in developing more effective internal controls to safeguard against future occurrences.

Write a 1,050- to 1,400-word report that provides a background of common fraudulent schemes.

Research using your textbooks and at least three outside sources.

Include the following:

Analysis of the following types of fraudulent acts: skimming, cash larceny and billing schemes

A brief example of a company that has had similar issues but has been able to continue after the result of a fraudulent act

Discussion of how ethical theory and real-world business practices are sometimes different

A recommendation to the company in order to establish some internal controls surrounding their cash receipts and cash disbursements

Format your report consistent with APA guidelines. Do not use this as your own. All my work is put through CWE. You will get caught cheating. I received full credit for this assignment