Accounting fraud essay. Essay On Accounting Fraud 2022-10-26
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Discrimination is a social issue that has plagued humanity for centuries, and continues to be a significant problem in modern society. There are numerous forms of discrimination that can be studied, including racial, gender, sexual orientation, age, disability, and religious discrimination. The following are some potential research topics that could be explored in the field of discrimination:
The impact of discrimination on mental health: Discrimination can have a severe impact on an individual's mental health and well-being. Research could focus on the ways in which discrimination affects mental health outcomes, such as depression, anxiety, and self-esteem. Additionally, research could explore the effectiveness of interventions, such as therapy or support groups, in helping individuals cope with the negative effects of discrimination.
The intersectionality of discrimination: Discrimination often intersects with multiple identities, such as race, gender, and sexual orientation. Research could explore the ways in which discrimination affects individuals who are part of multiple marginalized groups, and how this intersecting discrimination can compound the negative effects on mental health and other outcomes.
The impact of discrimination on employment and income: Discrimination in the workplace can limit opportunities for advancement and lead to wage disparities. Research could examine the ways in which discrimination affects employment and income outcomes, as well as the effectiveness of policies and interventions designed to combat discrimination in the workplace.
The role of social media in discrimination: Social media platforms have become a major source of information and communication, and have also been used to spread hate and discrimination. Research could explore the ways in which social media contributes to discrimination, as well as the effectiveness of efforts to combat online hate and discrimination.
The impact of discrimination on education: Discrimination in education can limit opportunities for students and lead to disparities in academic outcomes. Research could examine the ways in which discrimination affects education, as well as the effectiveness of interventions designed to combat discrimination in schools and higher education.
Overall, discrimination is a complex and multifaceted issue that requires continued research to better understand the ways in which it impacts individuals and society as a whole. By studying discrimination and developing interventions to combat it, we can work towards creating a more inclusive and equitable society.
Accounting Fraud: Analytical Essay
However, Mohammad Najib bin Razak denied those allegations by insisting the money was a gift by a Saudi prince. The technique allows companies to pump stock prices and hide losses so as to attract more investments Li, 2010. Nonetheless, in finding financial statement fraud, the familiarity of auditors is considered a significant factor Sharma and Panigrahi, 2012. To determine whether a criminal prosecution is appropriate, a proof that the misconduct was carried out without an acceptable reason is required CRIMINAL INVESTIGATIONS AND PROSECUTIONS OF TAX FRAUD CASES GUIDELINES. Finding such an account did not exist, banks would have wanted their money back, and Parmalat would not have had it.
This might have been a boom to the bank that should have made it more effective. Also, the CEO was involved in unethical business transactions with other top ranking officers of the company to cover the illegal financial dealings. The very top invoice was a forged signature, and upon evaluation, more invoices were discovered to have contained forged signatures, which is what set up the investigation. The temptation of interfering with financial reports so that they do not show the true state of an organization is a common temptation of CEOs of publicly traded companies because recovery without the support of the investors is not always easy. Corporate Governance: The international journal of business in society,13 2 , 135-147. In the 80s, Arthur Anderson name was synonymous with integrity, trust, and ethics.
Though the accountants refused to do this on the plea that it was not good accounting practice, their boss assured them that such incidents would not repeat. In addition to recurring fraudulent activity, new highs for deposits of fraudulent checks were recorded by banks nationwide. Multilateral Development Banks MDBs are one of the systems. Journal of Corporate Finance, 34, 169-190. An investigation of rolemodeling as an antecedent of perceived ethical leadership.
They believe in treating everyone equally and fairly, for which orderly market maintenance is believed to be mandatory. As being reveaed in the Microsoft statement of cash fow, the net income, depreciation, amortization, account receivabes and others are used to arrive at the net cash. This would be grounds to take the company into insolvency, especially if somebody at Parmalat was counting on that account to pay off its debts. This caused an exodus of clients that had even trusted the bank for years. Accounting fraud entails financial misdeeds by executives that are trusted in either the government or corporations. .
The auditor also looks and checks the presentation of the financial statements and checks to see that they are in conformity with the generally accepted accounting principles of the region. Carnegie Mellon Temper School of Business. The report illustrates in quantifiable terms the depth and reach of intrusion detection on the financial viability of the organization. International Journal of Computer Science and Information Security IJCSIS ,17 7. International Conference on Intelligent Computation Technology and Automation, vol. International White Collar Crime: Cases and Materials.
Data Mining and Accounting Fraud Essay Example [1567 Words]
This class also encompasses broad threats from external sources e. After 2004, something happened and the bank started investing more. Ethical behavior and practices are critical aspects of good accounting. However, credit would have been granted against an asset like that. Closing the information GAAP. The research focuses on the study of the Enron accounting scandal. David Loeb and Angelo Mozilo became equal partners of the new firm that they formed, "Countrywide.
There are federal securities that need to be adapted and followed by banks to ensure that clients are not robbed of their money. First, he would have to have knowledge that the third party was going to rely on the accounting statement. Also, a study by Kirkos et al. Corporate fraud, as difficult as it is to prevent, often has a ripple effect whereby… References Bertrand, V. Journal of Business Ethics, 89 1 , 59-76. The scandals varied in terms of their composition, but behind each of them was greed, the drive by senior management teams to defraud securities regulators and investors for their own gain. However, a company cannot gain long-term operation with such a plan which can be clearly seen as immoral and illegal.
With software and technological oversight, many of the errors experienced by Insight Enterprises could have been avoided. There have been many incentives at Enron to enormous personal benefit that have diverted top executives from the core duties of preserving organizational credibility and establishing stable relationships with investors and staff to make sure that we can avoid this issue during Industrial Revolution 4. It was not easy for the bank to effectively carry out its activities as complaints were numerous. A study of conduct violations in a ten-year period produced the following result. Retrieved June 6, 2016, from Dubay.
Enron Scandal: The Case of Accounting Fraud Free Essay Example
The research focuses on the study of the Enron accounting scandal. Watchdog questions why Wells Fargo reported giving only one largePPP loan to a Black-owned business. It has branches in major cities of the world and offers various products. Though it can be difficult to detect and catch, it is important to prevent it by creating effective and efficient policies for the organizations that ensure an efficient system of checks and balances exists in the organization for its physical and fiscal security. Online available at: Financial accounting for Local and State School Systems 2005 Chapter 4: Governmental Accounting. .
Most of the violations that occur are ethical dilemmas that are relatively easy to solve but some of the problems become quite in depth and resolution is more difficult to reach. The case of Danske Bank and its money … trillion dollars flowed is a prime example of a situation in which the net worth method could be applied to investigate this corporate fraud. Additionally company directors have to describe to the proprietors of organisation and other related users such as Bankss and other loaners about the fiscal facets of their activities. The extent of the accounting irregularities and fraud being investigated and disclosed brought into question the effectiveness of financial statement audits. Enron Corporation was an American company that specialized in energy and was based in Texas.
