USE GUIDANCE / EXAMPLES IN CHAPTER 6

• Report: Use the suggested report format.
• Schedules: Prepare in accordance with example format

• Use repeating rows for repeating column labels (labels that appear on every page).
• Use Landscape with Scaling to shrink schedules that are too wide (eliminate need for scotch tape).

• Audiovisuals:

• Use Excel to prepare.
• Do not use PowerPoint.
• Either embed audio visuals in report or put after schedules.
• REFERENCE in report.

REPORT (read pages 94-100)

• Do not assign guilt or innocence!!! Stay away from incriminating words like fraud, fraudulent. Use words like materially misstated, materially omitted, used money for personal expenses.
• Run spell check and grammar check.
• Background comes from case scenario (DO NOT use information in shaded History Behind the Fraud Case as it is not part of the scenario).
• Issues to Bring to Your Attention is significant information that the reader needs to know before getting into the analysis / methodology (e.g., legal issues, prior arrests, prior fraud investigations, subjects credit problems).
• Executive Summary provide economic impact of your findings (e.g., give dollars used for personal purposes, under or over statements, non-payment of obligations like taxes).
• Analysis / Methodologies:

• Briefly describe what you did (most readers particularly attorneys and jurors are not accountants) e.g., briefly explain vertical, horizontal, and ratio analysis or how you analyzed checks or analyzed credit card expenditures.
• Briefly list documents and interviews examined.
• REFERENCE and explain schedules and audiovisuals (e.g., As shown in Graph 1 entitled Ending Inventory on XYZ Date . . ), or The Analysis of the IRS Schedules C for 2014, 2015, and 2016 (Schedule 1 in the back of the report) shows . . ..

• Summary Remarks should be similar to the Executive Summary but more brief.
• If the company is out of business, do not need to make recommendations.

I have the financial statements