You work for a large Australian accounting firm. Susan, the senior partner, is concerned about potential occurrence of employee fraud within client businesses. In order to educate the firm's clients, Susan has asked you to do some research on employee fraud in Australia. She has asked you to find an article published after 1 January 2020 relating to employee fraud in an Australian business and prepare a report addressing the following:

1. Provide an overview of your employee fraud article. This will provide the context and background for your report. (2 marks)
2. Identify and discuss the actual and potential internal control weaknesses which allowed the fraud to occur. (5 marks)
3. Recommend relevant internal controls which could be implemented into a business to minimise the risks associated with the weaknesses you have identified at step 2. (5 marks)
4. Prepare a one-page extract of the procedures manual which could be implemented by a client business to minimise the risk of this type of fraud occurring within their business. Your procedures should include at least three (3) of the internal controls you have identified above. (5 marks)

You must attach a copy of the article to your report (not a link, you need to attach the actual article). Your article needs to be included in full, with the relevant parts of the article highlighted. If the article is not attached (and appropriately referenced), zero marks will be awarded for this part of the assessment.