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Option #1: Company Fraud: An evaluative report The Portfolio Project Option 1 for ACT45U is a research report that identifies and analyzes a company that

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Option #1: Company Fraud: An evaluative report The Portfolio Project Option 1 for ACT45U is a research report that identifies and analyzes a company that has been indicted for fraud. The report also will evaluate the auditor's role in relation to the fraud. 1. To conduct your research, choose as a case study one of the companies listed below, or obtain approval from your instIuctor to use a public company not on the list. - Bankratie Inc. . Children's Cancer Fund of America . Health Management, Inc. . Jamaica Water Properties . The Leslie Fay Companies . NextCard, Inc. . Crazy Eddie . 2222 Best 2. Your report must describe the issues surrounding the company and any company policies in relationship to the impact those might have on public auditsfaccounting. 3. Provide the following elements in your paper: 1. An executive summary identifying the company, the fraud, the affected stakeholders, and the ultimate resolution 2. A brief history of the company 3. An analysis of the auditor's role in the fraud, including any auditing standards that the auditors did not follow 4. Identification of internal controls that were circumvented or lacking and that could have prevented the fraud 5. Identification of accounting policies currentiy in effect that are designed to prevent similar problems from occurring again, or, if no policy lists, a proposal for a solution that would prevent a recurrence. Your written response paper should be 311] pages in length. Type your paper in a Word document and follovuI APA format, according to Cffooaf Gorilla to Wthg andAPA Requrrenreots. Include a title page and reference page. Use four (4) outside academic sources other than the textbook, course materials, or other information provided as part of the course materials

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