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write a assignment with these Objectives : Understand the concept of creative accounting and its distinction from professional fraud. Analyze the factors that contribute to
write a assignment with these Objectives :
Understand the concept of creative accounting and its distinction from professional fraud.
Analyze the factors that contribute to a fraud environment.
Evaluate the motivations driving individuals to engage in creative accounting and fraud.
Critically examine standard methods used in creative accounting.
Develop strategies for effectively recognising fictitious revenue within financial statements.
NOTE# Please use Fiji as an example. Refer to the cases from Fiji.
Option Explain the concept of fictitious revenue and its impact on the financial health of an organisation. Discuss red flags and analytical techniques that can be used to identify potential instances of fictitious revenue in financial statements.
Option Choose a realworld accounting fraud case, for example, Enron, WorldCom, etc., and analyse the methods used to manipulate financial statements. Also, based on your chosen case study, propose strategies for improving financial reporting and internal controls to prevent similar occurrences.
Grading Rubric:
Content : Demonstrates a comprehensive understanding of the topics, provides detailed explanations, and applies relevant theories to the case study.
Analysis : Critically analyses concepts, identifies relationships between topics, and offers insightful perspectives on the ethical and practical implications of creative accounting and professional fraud.
Communication : Uses clear and concise language, proper grammar, and effective organisation.
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