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.
1.2 Explain employers’ responsibilities in relation to the prevention and control of Infection. Employers should make the workplace a safe environment that is safe for work but also for all individuals and visitors. Employers must carry out risk assessments to assess the dangers of certain work activities and then are responsible for putting strategies in place for minimizing the risk. Employers must provide PPE and provide training and refresher updates on infection control. 2.1 Outline current legislation and regulatory body standards which are relevant to the Prevention and control of infection.
Unethical behavior undermines positive gains. Intentional use of information to misguide public perception is harmful in all aspect of business. The concept of business research must be adhered at all times, and therefore managers must take every effort to enforce it, and employees held accountable for this process to take its full effect. The stages of business research are the following: 1) Clarifying the Research Question 2) Proposing the Research 3) Designing the Research Project 4) Data Collection and Interpretation 5) Reporting the Results In Stage 1, problem must be identified in order to initialize the business research, and thus providing clear guidance on the research process. In Stage 2, the proposal is created and presented for managerial review and approval.
* First Aid * Prevention of Falls * Risk Management Question 2 Read each statement and indicate whether is True or False. Statement | True or False | a. Persons conducting a business or undertaking (PCBU) must ensure a safe workplace. | True | False | b. Workers must be consulted about managing WHS in the workplace.
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
Sarbanes-Oxley Act is designed to make all personnel accountable for their action or inactions. For example, external, internal, and foreign attorneys are required to report violations to CEO/CFOs. If the officer(s) do not respond to the evidence provided by the attorney(s), they are obligated to report the evidence to the audit committee or another committee of the board. The act also provides protection to whistle blowers under Title VIII: Corporate and Criminal Fraud Accountability Act of 2002 (American Institute of CPAs,
Having to understand laws and how they can affect other companies that we do business with or employees. Having employee’s understand the risk situation when filing a claim in work related issues. Having the organization is aware of the risk that can become lawsuits from other companies we do business with. Workers Compensation is normally given to employee’s when are they hurt at work, to avoid these claims, we must make sure that our organization stands by regulations and guidelines provided to a company. (OSHA) Occupational Safety and Health Act of 1970 gives you the right to have a safe work place.
Ensure any verbal reports have been put into writing and make a copy for your manager and keep a copy for yourself! Ensure you preserve any evidence of the abuse – it could be crucial. Follow your company’s whistleblowing policy and procedure. If you feel you are not being listened to or not being taken seriously then you have the right to report your allegation to the next level of management, local social services, police or
Regulatory frameworks are requiring organizations, like yours to implement the necessary safeguards to ensure the confidentiality, integrity and availability of information. (Khansa & Liginlal, 2009, p. 1) The importance of information security cannot be over-emphasized. It is imperative that you invest in information security as it comes with protection and resilience against malicious attacks. According to Khansa & Liginlal, if we prevent malicious attacks on this company, monetary damages from attacks would be reduced and customers’ information would be saved from compromise, preventing any negative publicity for this company, (Khansa & Liginlal, 2009, p. 17) In a nutshell, information security tries to set security controls to prevent theft or damage to data or assets on your computer. The damage could be from internal or external.
It is necessary to have a working knowledge of the legislation involved in business to ensure that the laws protecting consumers, suppliers & workers are implemented and complied by. Businesses are required to provide quality products & services in compliance with the law. Complete understanding and strict implementation of governing legislation will ensure that businesses are not at threat of prosecution and potential business closure, due to unforseen & unfortunate circumstances. Construct appropriate research to explain what duty of care means and how it applies in the workplace. To have a duty of care is to have a legal duty to take reasonable care to ensure the safety of others associated with the business or project.