Acc 517 Assignment 3

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Adams 1 Assignment 3: Fraud Schemes and Fraud Investigations Tamika Adams Professor Dahli Gray ACC 517- Forensic Accounting May 25, 2013 Adams 2 In today’s society, often we discover situations that are questionable to the standards that are considered ethical, permissible and appropriate to the original intentions. In many situations multiple parties are associated with the unfortunate acts causing increased damages to everyone. There is an important case that is presently being evaluated in the city of Atlanta. There are accusations that many educators have committed fraud involving the accuracy of the reporting on standardized testing results. The Atlanta Public School Board has raised questions regarding accusations that involved…show more content…
Fraud investigations are often suggested in order to deem the performance prevalent and appropriate. The investigation must be performed with careful reasoning and consideration. One of the most important tactics of the investigation begins with the interview. The interview is critical as it is the initial facet of the investigation. According to Krancher, Riley & Wells, (2013), “Interviewing is the systematic questioning of a person who has knowledge of events, people, evidence, and other details surrounding a fraud or forensic accounting issue” (pg. 234). As the fraud investigator, I would take an approach to outline a successful interview with careful planning and preparation. I would research all parties identified as participants of the accusations as well as those not included. In this approach, it would be my goal to better assess the normalcy and practices of the outline interest or focus. I would primarily be considered with what looks common and what…show more content…
The evidence of any fraudulent action should remain the basis of the accusations. It is important to ensure that the evidence is accurate, trustworthy and relevant to confirming the involvement or activity. The best approach in this case would be obtaining statements, evaluating the test material and determining the motive for such involvement. In addition, it would be wise to monitor how the students performed on other measurable assessment and or graded material. In consideration that the tests were administered on a scranton using paper and pencil it would be an identifiable measure to detect any alterations with the physical eye however technology could equip a more advantageous opportunity. The ability to detect whether a document has been altered has developed over the years. (Kranacher et al., 2011) states “Computer software using a targeted risk assessment can be utilized to scan the database information for several different types of information, resulting in output that highlights red flags” (pg. 272). Lemonine Multinational Inc. supplies various machines that assist with analyzing material and data that is collected from various formats. In addition, the most advantageous way to identify the changes will be to manually review the material in order to determine changes, modification or alterations. In consideration, this would be the most time consuming method in addition to requiring additional
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