3.During the investigation, assess the most significant red flags which would have been an indication of possible fraud needing corrective action by management. 4.Based on your research, suggest key practices the fraud investigator could have used in conducting interviews with the fraudster and the company’s employees. Assess the various interviews and interrogation questions available to you, and select the type of interview and interrogation questions that would have been most appropriate for this investigation. Provide support for your rationale. 5.Recommend a fraud prevention plan for this organization.
Having a security policy that is easily measured and enforced is the key (Symantec, 1995-2010) to this success. The importance of policies and standards for maintaining information systems security can be a difficult and costly topic for many organizations to understand and to deal with. Getting all the different work groups and interests of clients and stakeholders together can have their share of costs and problems. As an IT technician it is important to keep security measures in plain sight for everyone to see and understand. Proper polices need to be followed and standards need to be established so that the company can be protected to the
Assignment / Case Study Wk-5: (60 points) You have just been hired as an information security engineer for a large multi-international corporation. Unfortunately your company has suffered from multiple security breaches that have threaten the public's trust that their confidential data and financial assets are private and secured. Credit card information was compromised by an attacker who infiltrated the network through a vulnerable wireless connection within the organization. And the other breach was an inside job, where personal data was stolen because of weak access control policies within the organization which allowed an unauthorized individual access to valuable data. Your job is to develop a risk management policy that addresses the two security breaches and how to mitigate these risks.
INTRODUCTION At times we may wonder what is meant by ethics, why accountants need ethics in their business life or even how they are related. As we may know, definitions of ethics vary with time but in most cases it is defined” With these definitions we can understand that basically ethics is knowing what is right (Mitchell 2009). Ethics in accounting and finance a global concern today (Onyebuchi, 2011). However, the accounting and finance sector has over the past years developed a culture of ethical misconduct (Gianneti & Yue Wang, 2014). According to Anup & Chadha (2005), Ethical misconducts often lead to corporate scandals that come with serious consequences e.g.
Evaluate the effectiveness of regulations such as Sarbanes-Oxley Act over minimizing the corporate fraud and protecting investors and make one (1) suggestion for improvement. The Sarbanes-Oxley Act is been very effective especially by protecting investors and improving the accuracy and reliability of corporate disclosures, and much of the law seeks to further this goal by imposing strict rules for audits and auditors of publicly traded companies, prevent insider trading and deals, requiring companies to adopt strict internal controls, and increasing the penalties for white collar crimes relating to investor fraud. As a matter of fact, the Act effects dramatic change across the corporate area to re-established investor confidence in the integrity
Most of the occurrence of data records exposed was in the hundreds of thousands. The potential for extensive identify theft in the hands of expert criminals is enormous, resulting in the possible loss of billions nationwide. This paper will give an overview of the Legal, Ethical and Regulatory Issues for e-Business. It will explain how and why they are important, and the difference on the B2C website compared to a B2B website. The issue of honesty, integrity and trustworthiness are time tested values known to man.
Such evidence is given primary status in many, if not all, criminal trials today ranging from crimes of murder to mere vandalism. Yet, despite the ‘heavyweight’ support given to the idea that forensic evidence is irrefutable it is argued by some that forensic science evidence alone should not convict. Arguably the Twentieth Century saw the explosion of science, not only in the area of forensic evidence but generally. Methods and techniques deployed in the gathering of evidence for conviction or acquittal changed at a dramatic pace and as each and every scientific discovery was made an application in Forensic Science was close behind. The gathering of forensic evidence at a crime scene is now paramount.
Forensic Science Technician Criminal investigations involve a series of actions performed by many people in order to find the culprit of a crime, but one of the most important positions of a criminal investigation team is the forensic science technician. A forensic science technician is the person who tests and analyzes any evidence from a crime scene to figure out who committed the crime. “The most important part of this field is that it is so dynamic and always changing. Also, you are always contributing to society” (Moore). This field offers such a wide variety of studies, so a person earning a degree in forensic science does not have to be a forensic science technician, because there are multifarious branches of forensic science such as forensic nursing and many more.
The Financial Accounting Research System (FARS) is a system that contains six different databases that provide accountants’ access to official guidance to Generally Accepted Accounting Principles (GAAP). The purpose of FARS is to give accountants an effective and efficient way to research accounting literature that is up to date. It also helps to ensure data accuracy will all of the different accounting standards and laws. The FARS is beneficial to the accounting profession being a major database to search for all needed information. Without this type of database, accountants would be forced with searching many different databases with the possibility of coming up with conflicting and/or inaccurate information.
Growing a business in accounting will take special characteristic, like self-confidence, but not over barring, integrity, time, patience, and organization (Cohn, M.). While being an accountant there is a high potential for human error, I must be detailed. Being a detail oriented person not only in my personal life as well as my business life I believe I can excel in my ventures. When handling client needs I would need to be clear on my abilities to get the job done. I am going to have peoples financial life’s in my hands, it’s extremely important that I am efficient in my job and protect my client’s