Question
Please assist with this critical thinking assignment: Option 2: Fraud Identification and Classification Please read the following scenario: Many of the clients assigned to Amy
Please assist with this critical thinking assignment:
Option 2: Fraud Identification and Classification
Please read the following scenario:
Many of the clients assigned to Amy and Bill have operations in other locations that require frequent travel. On every trip, Bill notices that Amy charges non-job-related expenses to her corporate credit card and submits the charges for payment as part of her travel expense report. The expenditures are then included on the client’s invoice. The expenditures only represent a tiny fraction of total billable services for the client that Amy and Bill are auditing.
Prepare a detailed analysis of the scenario by incorporating your responses to the following questions in well-developed paragraphs (do not use a question-answer format).
• After reviewing the types of fraud discussed in this week’s reading, determine what type of fraud Amy is committing. Does the relative cost of the expenditures to the overall client’s invoice matter? Why or why not? • Develop some assumptions to address why Amy’s transactions have not been questioned. Does Bill have the responsibility to report her? Why or why not? • Bill decides to confront Amy first before notifying the engagement partner. Amy acknowledges wrongdoing and agrees to repay all of the expenses. Should Bill still report her or should he consider the situation resolved based on her words? Discuss the ramifications of both options. • What theories of fraud did you implement in your analysis of this scenario? Include a discussion of the seriousness of fraud and how fraud affects organizations.
Requirements: ● Write a paper of 4-6 pages in length (double-spaced), not counting the title and reference pages, which you must include. ● Use terms, evidence, and concepts from class readings, including professional business language. ● Cite at least 3 sources for this assignment, outside of the textbook. The CSU-Global Library is a great place to find resources. ● Format your paper according to CSU-Global Guide to Writing and APA. ● Start with the links under the Research Help and Writing Help tabs on the CSU-Global Library’s homepage If you need assistance with writing style.
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Title Fraud Identification and Classification A Case Study Analysis Introduction Fraudulent activities can significantly impact organizations their stakeholders and the overall business environment Th...Get Instant Access to Expert-Tailored Solutions
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