organization could fraud be occurring in this Proceeds from Net cash from Cash from Find Borrowings of Cash dividend Net cash fror Increase (de CHECK NO 2001 ntal Bucket CASES AMOUNT 215.63 DESCRIPTION Payment to U.S. West for wied? Why phone bill 2002 Case 9 As an inter to a team possible f analysis S054.36 prices, the auded his John's Heating and Cooling for fixing A/C in December Sharky's Used Car Dealership for Yugo truck 2003 riod $4,987.36 The proje problems data mil blems u 2004 $339.13 2005 $475.98 ver your disturb- mat sales T, while Salt River Project for power in December Arizona Department of Internal Revenue for taxes Grainger Corp. for power tools 1. Des cor 2. W tre $254.14 2006 T. $504.17 2007 Case Large finan can resu ofte how $171.54 2008 Home Depot for outdoor carport Steelin's Consulting for help with computer network Payment to U.S. West for phone bill in January Bank of America for loan payment $326.45 2009 tions e the $477.67 me fra th: 2010 Chapter 6: Data-Driven Fraud Detection 189 CASE 10 2016 $450 25 90 25 65 $655 KELLY ENTERPRISES, INC STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED DECEMBER 31, 2018 IN MILLIONS 2018 2017 Cash from Operations Net income $900 $800 Change in accounts receivable (706) (230) Change in accounts payable 150 45 Change in inventory (50) 15 Depreciation 105 90 Net cash from operations $499 $690 Cash from Investing Additions to property, plant, and equipment S(950) $(690) Proceeds from sale of securities 25 56 Net cash from investing $1925) $(634) Cash from Financing $250 $(150) Borrowings of long-term debt (140) (85) Cash dividends $110 Net cash from financing $121 $(316) Increase (decrease) in cash $(790) 15 $(775) $34 (45) $65 $(11) $(131) Case 9 1. Identify possible red flags. 2. Indicate if reasonable explanations exist f inned organization could fraud be occurring in this Proceeds from Net cash from Cash from Find Borrowings of Cash dividend Net cash fror Increase (de CHECK NO 2001 ntal Bucket CASES AMOUNT 215.63 DESCRIPTION Payment to U.S. West for wied? Why phone bill 2002 Case 9 As an inter to a team possible f analysis S054.36 prices, the auded his John's Heating and Cooling for fixing A/C in December Sharky's Used Car Dealership for Yugo truck 2003 riod $4,987.36 The proje problems data mil blems u 2004 $339.13 2005 $475.98 ver your disturb- mat sales T, while Salt River Project for power in December Arizona Department of Internal Revenue for taxes Grainger Corp. for power tools 1. Des cor 2. W tre $254.14 2006 T. $504.17 2007 Case Large finan can resu ofte how $171.54 2008 Home Depot for outdoor carport Steelin's Consulting for help with computer network Payment to U.S. West for phone bill in January Bank of America for loan payment $326.45 2009 tions e the $477.67 me fra th: 2010 Chapter 6: Data-Driven Fraud Detection 189 CASE 10 2016 $450 25 90 25 65 $655 KELLY ENTERPRISES, INC STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED DECEMBER 31, 2018 IN MILLIONS 2018 2017 Cash from Operations Net income $900 $800 Change in accounts receivable (706) (230) Change in accounts payable 150 45 Change in inventory (50) 15 Depreciation 105 90 Net cash from operations $499 $690 Cash from Investing Additions to property, plant, and equipment S(950) $(690) Proceeds from sale of securities 25 56 Net cash from investing $1925) $(634) Cash from Financing $250 $(150) Borrowings of long-term debt (140) (85) Cash dividends $110 Net cash from financing $121 $(316) Increase (decrease) in cash $(790) 15 $(775) $34 (45) $65 $(11) $(131) Case 9 1. Identify possible red flags. 2. Indicate if reasonable explanations exist f inned
