Question
Review what we learned today about internal controls, and real-life examples such as WalMart, WorldCom and Enron that led to fraud-prevention legislation. Then, think about
Review what we learned today about internal controls, and real-life examples such as WalMart, WorldCom and Enron that led to fraud-prevention legislation. Then, think about the business processes and procedures at your current or former workplace that you believe constitute a violation of any of the six principles we learned.If you do not work and have not worked anywhere in the pasts, please feel free to think about what you observed around campus as you think about situations that amount of internal control violations. Describe three such examples .What would you do to correct those violations? Describe the business processes that present opportunities for fraud via internal control violations.
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