Produce an analysis of the business environment and the industry for waste management. Consider the industry-specific challenges, behaviors indicative of fraud and internal control structure and perform a financial statement analysis for your company.
Addressed the following critical elements as per business environment and the industry
1. What are the industry-specific challenges, such as specialization, competition, or growth, this organization is faced with? how do these challenges relate waste management's business environment?
2. Assess the strengths of waste management's internal controls. where are the weaknesses and how might these lead to fraud?
3. How could you address these weaknesses in order to improve them? what measures could you take to ensure this would improve the weaknesses?
4. What sorts of anomalies were contained within the financial statements or additional financial analysis? how do these anomalies relate to the potential fraudulent activity?