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Please review the comments and assignment and need it soon. I have attached the paper that needs to be modified.

Over all a fair effort. However, your submission is challenged because all it is based on is your personal opinion. Which is not analysis or evaluation. You need to compare and contrast what the subject matter experts say about the subject and lead the reader to a conclusion based on that cited and referenced information.

You also need to review APA 6th Edition Standards for References.

Select a public company and evaluate their audit and control environment. For assistance in selecting a public company, you may refer to the document, "How to Choose a Public Company" linked in Resources.

In your case study, address the following.

• Identify at least two situational pressures in your selected company that would increase the likelihood of fraudulent activity.
• Describe three circumstances in corporations where fraudulent activity is easier to commit and less prone to detection.
• Describe, from a risk assessment perspective of fraudulent financial reporting, the external environmental factors that should be considered in a company's industry, its business environment, and its legal and regulatory environment. Then assess how well your chosen company responded to each of these types of external environmental factors.
• Evaluate your company's system of internal controls and identify potential ethical issues in accounting and financial reporting in the system.
• Recommend, based on your research, what top management should incorporate into their risk management processes and/or procedures to reduce the possibility of fraudulent financial reporting. Support your recommendations with relevant sources.

Additional Requirements

Use the following program standards for all assessment submissions in this course:

• Written communication: Written communication should be free of errors that detract from the overall message.
• APA formatting: Your writing should be formatted according to APA style.
• Font and font size: Times New Roman, 12 point.
• Length: Submit between 2?3 pages.

Running Header: FINANCIAL RISK CASE STUDY 1 Assessment 1-1 - Financial Risk Case Study FINANCIAL RISK CASE STUDY 2 Introduction Google is an enormous company and has been doing wonders. In order to conquer about its strategy, it is one of the most flourishing companies of the world and is continuously merging out loud and hence creating huge competition and rivalry among the other competitors. Google has an amazing agenda which strikes upon to encapsulate all world-wide information and present it for everyone and have multiple accesses. It is a universal company and has universal access for each and every one. Situational Pressures and External Environment Factors There are many factors which indeed result to frauds and other unethical activities which should not be committed. Some of levels of situational pressures are: Dissatisfaction and feeling of inequality among people also leads to fraudulent activities as they go through a sense of trauma and they commit deeds which they shouldn't have done. Much expectations and not getting them fulfilled is also a major reason in today's era. When the employee doesn't get advantages and all other promotion and hikes he or she loses patience and commit unethical deeds. Some of the external environmental factors and their impact on the company are as follows: Competition also leads to frauds as in this blind race of being at top level and earning huge amounts and making profits at times make people lose their ethics and validity and hence they commit awful deeds. FINANCIAL RISK CASE STUDY 3 Economic growth is a big factor as it really decides whether the company s flourishing or not. Company needs to be strong enough to deal with these kinds of pressures as they continue to flourish they need to tackle these issues too. Customers and their needs continuously keep changing and hence the company needs to set according to their demands and hence keep innovating and changing their environment. Most of the company's influence is hugely based upon customers' only. Ethical issues related to Financial Reporting Most of the frauds and deficits happening in today's era are the results of these ethical discrepancies as people aren't fully aware and do not incorporate to make the company ethically active and persuaded. Some of these issues are: Inappropriate uses of the company's assets leads to frauds and people working with the company at time uses things owned by the company for other uses rather than the company uses. Frauds in accounting and transactions are also a very common issue. Disclosure and violations of the companies data also comes under such activities. Financial System of Google In 1955, Larry Page and Sergey Brin are the co-founders of the company Google Inc. they firstly started with zero money but in August 1988 Andy Bechtolsheim signed a check for $100,000 and started the main establishment of the company. Google has a large management team which indeed works towards its maintenance. Google spends $7.35 billion in capital expenditures for its internet uses. Google has huge accountability and creditability FINANCIAL RISK CASE STUDY 4 for its own internal control system. The internal control system is well designed effective and works at a very smooth level. Though it also faces discrepancies and inefficiency in working due to limited resources but still its internal control system is more effective than the financial reporting system. Google has equality and proper management system for its employees. Duties are properly divided as well as segregated at a very sub conscious level and hence no one faces issues. Records are much maintained and everything is at its place. There are proper safeguard policies for its employees hence overall Google provides a very honorable and light working environment. FINANCIAL RISK CASE STUDY References Lardinois F. (August, 2014). Google's Security Compliance Audit Report Is Now Public. Retrieved From- http://techcrunch.com/2014/08/27/googles-security-complianceaudit-report-is-now-public/ 5