Acc 430 case 3

fraud

you work as an internal auditor for an Insurance Co. While reviewing the companys travel and entertainment expenses, you noticed that one employee had submitted several receipts from Darna Restaurant for round-dollar amounts just under the companys reimbursement limit. Further, the receipts were consecutively numbered, but were submitted over a six-month period. What type of scheme did you most likely uncover? Explain your rational

Faten Hussien works as the office manager for Shehadeh and co., a medium-sized law firm. One afternoon, she went to the hardware store to purchase a few maintenance items for the office. While there, she also bought her husband a hammer as a birthday present. At the register, the items, including the hammer, totaled $63. She paid for all the items together and received both a carbon copy receipt and a separate credit card receipt. Back at the office, she carefully scratched additional numbers on to the carbon copy receipt to increase the total price to $168 and turned in the altered receipt for reimbursement. Several weeks later, she turned in the credit card receipt along with another reimbursement request for the $63. What type of expense reimbursement fraud did she commit? Explain

Sami conspired with his manager to steal nearly $6,000 over 2 months from the grocery store where they worked. Each time Nicolas rang up a customer at the register, he asked the customer if hed like a receipt. When a customer said no, Nicolas pretended to discard the receipt in the trash, but actually slipped the receipt into his pocket. At the end of his shift, he filled out a void slip for each of these sales and submitted them to his supervisor for approval. With the original receipt and the approved void slip, Sami removed cash from the register in the amount of the voided sales and split the. what type of fraud scheme did Sami commit? What was the manager roll in this scheme?

To supplement her income, Abla decided to start her own bookkeeping business while still working as an office assistant at Mayaa & Co., a small CPA firm. Not having much start-up capital for her new business, she used her phone at work to contact clients and her work computer to print invoices and client letters. However, she ordered and paid for her own office supplies and used her own postage stamps to mail the invoices and letters. From the information given, has Abla misappropriated any of the firms assets?