Question
You are the founding partner of a CPA firm, specializing in internal control auditing. After five years of hard work, your excellent reputation is bringing
You are the founding partner of a CPA firm, specializing in internal control auditing. After five years of hard work, your excellent reputation is bringing in many customers. One day you find out that your health insurance company is cancelling your policy. This could be a major disaster. You call the insurance company and discover that the reason they are cancelling your policy is a series of fraudulent claims submitted by one of your employees. They are for large amounts to a spinal surgery clinic that doesnt exist. Your firm is very close and you know everyone by name. You know that some of your employees are starting families, and they are counting on your firms health care plan. You investigate the claims internally to save your health care plan which benefits all the employees and their families. You discover that the false claims were filed by your brother, whom you brought into the firm a year earlier as a senior partner. You and your brother play tennis every Tuesday and Thursday after work. He hasnt missed a game since the two of you were in high school.
Present three (3) possible results:
1) the best possible outcome,
2) the worst possible outcome, and
3) the most likely outcome.
Be sure to state why (1) and (2) are not the most likely outcome.
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