Question
John C. Beale was a senior policy advisor with the U.S. Environmental Protection Agency. In late 2013, however, he was sentenced to prison for stealing
John C. Beale was a senior policy advisor with the U.S. Environmental Protection Agency. In late 2013, however, he was sentenced to prison for stealing close to $900,000 in taxpayer funds. According to Marimow and Bernstein (2013):Beale had skipped out on work for years by telling a series of supervisors ... that he was doing top-secret work for the CIA. He was paid for a total of 2 years of work he did not perform since early 2000 and received about $500,000 in bonuses he did not deserve, according to his plea agreement. He lied about contracting malaria to obtain a reserved parking space that cost the EPA $8,000 over three years. He took trips to visit his family in Los Angeles for which he charged the government more than $57,000.He had retired from the EPA in April after learning he was under investigation.Source: A. Marimow and L. Bernstein, "EPA Official, Who Pretended to Work for the CIA, Sentenced to 32 Months," Washington Post, December 2013.a.Which type(s) of audits discussed in the chapter are relevant to this situation? Why? (15 pts)b.The Audit Clarity Project standards apply to financial statement audits. Using Table 17.1 as a guide, prepare a memo that summarizes Beale's case. (25 pts)c.How is the Beale case related to other topics you've discussed in your AIS course? (10 pts)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started