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In the October 2015 Journal of Accountancy article, CPAs: Criminal-pursuing agents, ( https://www.journalofaccountancy.com/issues/2015/oct/cpa-criminal-investigators.html ) the author writes about the role of CPAs investigating illegal activities,
In the October 2015 Journal of Accountancy article, "CPAs: Criminal-pursuing agents," (https://www.journalofaccountancy.com/issues/2015/oct/cpa-criminal-investigators.html )the author writes about the role of CPAs investigating illegal activities, while acting in undercover capacities. The article is mostly about an FBI agent; however, it includes a story about a non-law enforcement CPA that also fought fraud applying covert techniques.
- After reading the article, explain what covert activities forensic accountants can utilize to catch fraud perpetrators in the act of committing a crime. For this question, imagine that you've been hired by the CFO of a computer manufacturing company to find out what is happening to the hundreds of computers that have gone missing every month for the past four months. Somewhere between when the computers are manufactured and before they are received from customers, the computers have gone missing. It's suspected that the stolen computers are sold on eBay.
- Do you believe these covert activities should be limited to law enforcement? Articulate your response.
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