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Your task : Assume you are providing a 15-slide video presentation to your colleagues about how to detect and prevent financial statement fraud. Answer the

Your task: Assume you are providing a 15-slide video presentation to your colleagues about how to detect and prevent financial statement fraud.

Answer the following questions in your presentation:

  • What is financial statement fraud?
  • What are some types of fraud that occur on the balance sheet? What about the income statement?
  • What are some strategies forensic accountants can use to detect fraud?
  • Describe proper controls companies can implement to prevent fraud.

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