In this case, you are the internal auditor at Dunder Company. You have received an anonymous tip that an employee might be embezzling money. You will be investigating this alleged embezzlement. Read the case (linked below) and respond fully to each question presented at the end of the case. You are an internal auditor at Dunder Company. An employee of Dunder has phoned in an anonymous tip that a fellow worker, Jane, might be embezzling money. Jane has been a trusted employee of the company for 13 years; she quickly moved through the ranks of the company to become the vice president over treasury because of her exemplary record. Your internal audit team has conducted thorough audits of her department for years and found its control environment to be exceptional. In addition, she is a good friend of the CEO and CFO. They have tremendous confidence in her abilities and honesty, and she is being groomed to succeed the current CFO when he retires. The person making the anonymous tip claims to have noticed large fluctuations in certain financial statement accounts. Accompanying these fluctuations are unexplainable debits and credits that were all entered by Jane. The person also alleges that Jane's behavior has been erratic. She is usually kind and patient, but recently, she has flown off the handle for no explainable reason, she insists on balancing certain accounts by herself because she claims that they are too critical to trust with anyone else. Finally, the informant believes that Jane's lifestyle as a single mother is well above what her salary can support. Investigating allegations against such a trusted person in the company will cause considerable disruption. If you investigate, you will have to proceed very carefully, especially since you have only the word of one employee who could have ulterior motives. 1. After you are made aware of this situation, what would be an appropriate first action to take? 2. How would you audit the financial statement accounts to determine whether there have been any unauthorized adjustments to them? Would you audit all the accounts or just the ones that Jane insisted on reconciling? 3. At what point in the investigation would you sit down with Jane and conduct a formal interview? 4. What type of documents would you use as support if you find that Jane was embezzling?