Please provide assistance if you are a good writer and make sure assignment is completed according to guidelines.

ACC 691 Milestone One Guidelines and Rubric Overview: The final project for this course is the creation of a financial statement fraud case study. You will use a fraud case from a real-world situation. You are encouraged to put yourself in the place of the auditor as well as the stakeholders. You will consider the theoretical models of fraudulent behavior, evaluate internal controls, assess fraud risk factors, and apply prevention and detection techniques. You will also analyze the overall responsibilities of the auditors to organizational stakeholders while considering applicable auditing standards. Prompt: In this milestone, you will draft two sections (Sections I and II) of the final project in one coherent paper regarding the fraud case Crisis at the Mill: Cash Flow Forecasting Exercise. You will introduce the subject of your case and describe the fraud scheme type. You will also analyze the type of fraud scheme by explaining the process behind which this fraud was carried out and the breakdown of the internal controls that took place. You will also discuss the risk factors in assessing this type of fraud, the potential procedures and methods that could be used to assess the risk of this fraud type, the professional responsibilities of the auditors, and the evidence needed to prove the fraud. Specifically the following critical elements must be addressed: I. Introduction: What company is the subject of the case? Describe the type of fraud that occurred. II. Analysis of Fraud Scheme Type A. Explain the process behind how frauds of this type are carried out. Provide a specific example illustrating fraud of this type. B. In this type of fraud scheme, how and where do internal controls break down? Provide examples of specific internal controls needed to reduce this type of fraud. C. What are the risk factors when assessing this type of fraud? Consider classifying the risk factors using the theoretical model such as the Fraud Triangle. D. How can analytical procedures and other detection methods be applied to assess the risk of this type of fraud? Provide specific examples of the analytical procedures and what they indicate. E. Discuss the professional responsibilities of auditors in detecting fraud. What sort of impact can an audit have on an organization? F. What evidence is needed to prove the fraud? Why? To guide your review of evidence, please review the article The Basics of Evidence for Fraud and Corruption Investigators. Rubric Guidelines for Submission: This portion of the case study analysis should be 4-5 pages, double spaced, with one-inch margins, 12-point Times New Roman font, and APA 6th edition formatting. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Introduction Proficient (100%) Describes the subject of the case and the type of fraud that occurred Analysis of Fraud Scheme Type: Process Comprehensively explains the process behind how frauds of this type are carried out and provides an example illustrating fraud of this type Analysis of Fraud Scheme Type: Internal Controls Evaluates how and where internal controls break down in terms of the type of fraud scheme within the case study and provides examples of specific internal controls needed to reduce this type of fraud Analysis of Fraud Scheme Type: Risk Factors Describes the risk factors when assessing the type of fraud within the case study Analysis of Fraud Scheme Type: Procedures and Methods Explains how analytical procedures and other detection methods could be applied to assess the risk of the type of fraud within the case study and provides specific examples of the analytical procedures and what they indicate Needs Improvement (75%) Describes the subject of the case and the type of fraud that occurred but description is cursory or contains inaccuracies Explains the process behind how frauds of this type are carried out but does not provide an example illustrating fraud of this type or explanation is cursory or contains inaccuracies Evaluates how and where internal controls break down in terms of the type of fraud scheme within the case study but does not provide examples of specific internal controls needed to reduce this type of fraud or evaluation is cursory or contains inaccuracies Describes the risk factors when assessing the type of fraud within the case study but description is cursory or contains inaccuracies Explains how analytical procedures and other detection methods could be applied to assess the risk of the type of fraud within the case study but does not provide specific examples of the analytical procedures and what they indicate or explanation is cursory or contains inaccuracies Not Evident (0%) Does not describe the subject of the case and the type of fraud that occurred Value 11 Does not explain the process behind how frauds of this type are carried out 13 Does not evaluate how and where internal controls break down in terms of the type of fraud scheme within the case study 13 Does not describe the risk factors when assessing the type of fraud within the case study 13 Does not explain how analytical procedures and other detection methods could be applied to assess the risk of the type of fraud within the case study 13 Analysis of Fraud Scheme Type: Professional Responsibilities Comprehensively discusses the professional responsibilities of auditors in detecting fraud and the sort of impact an audit can have on an organization Analysis of Fraud Scheme Type: Evidence Describes what evidence is needed to prove the fraud and supports response Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Discusses the professional responsibilities of auditors in detecting fraud but does not discuss the sort of impact an audit can have on an organization, or discussion is not comprehensive or contains inaccuracies Describes what evidence is needed to prove the fraud but description is cursory or contains inaccuracies or does not support response Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Does not discuss the professional responsibilities of auditors in detecting fraud 13 Does not describe what evidence is needed to prove the fraud 13 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 11 Total 100%