Create a detailed forensic accounting strategy for company

Assignment Help Accounting Basics
Reference no: EM132589131 , Length: 3

Search the Internet and locate information about a public company that has been a victim of hacking, data breach, or a computer crime. Based on the results of the search, write an academic paper 3 pages regarding design and implementation of a comprehensive forensic accounting strategy. Your paper should include the following:

Question 1: Assess the circumstances around the hacking and the resulting impact to the company's customers and operations.

Question 2: Put yourself in the place of the forensic accountant for that company and create a detailed forensic accounting strategy for the company indicating how implementing this strategy will minimize the risk of the business systems being hacked in the future.

Question 3: Search security authorization vendors and recommend a product for the company you selected indicating how this product will provide maximum security to the company's systems.

Question 4: Additionally, as a forensic accountant for that company, provide any suggested modification to the company's security system given the increased risk of unauthorized access to the company's information systems and to ensure the company's data reliability.

Question 5: Present your conclusion and final thoughts about the case selected and the effectiveness of your developed forensic accounting strategy.

Reference no: EM132589131

Questions Cloud

What is the present value of the interest tax shields : What is the present value of the interest tax shields from this? debt?
Evaluate data reliability is critical part of audit process : Evaluating data reliability is a critical part of the audit process. Explain the differences among Data from internal versus external in terms of reliability
What is the value of? equity : Suppose the corporate tax rate is 35%. Consider a firm that earns $5,000 before interest and taxes each year with no risk.
What would be hope finished goods inventory cost : What would be Hope's finished goods inventory cost under the variable (direct) costing method at December 31, 2015
Create a detailed forensic accounting strategy for company : Create a detailed forensic accounting strategy for the company indicating how implementing this strategy will minimize the risk of the business systems
Functioning at first two levels of hierarchy : How will you address fact that in students' lives outside school, they see so many examples of people who are functioning at the first two levels of hierarchy?
How a single-payer system works in the united states : Describe an example of how a single-payer system (such as ‘Medicare For All', as just one example) works in the United States.
Calculate the value of goodwill : Equipment construction contractor for a customer for an agreed price of Rs. 18,000. Calculate the value of goodwill
Determine characteristics of a variable interest entity : Evaluate the usefulness to investors of the inclusion of VIEs in the company's consolidated financial statements. Provide support for your rationale.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the typical format of a journal entry

What is a journal entry? What is the typical format of a journal entry?

  Problem related to the egyptian exchange

Josef Samir is an investor in the Egyptian Exchange (EGX). He invests E£5,000 (Egyptian pound) in a cement company and receives dividends of E£65, 75, 76.

  Discuss winslow tested the asset for impairment

Winslow leased equipment from Queen Anne. The ten-year lease requires Winslow to pay Queen Anne

  Straight-line depreciation method

ABC Company purchased a new computer at the beginning of the year at a cost of $1,600.  The estimated salvage value is $100.  The estimated useful life is 3 years.  Complete the schedule below for the 3 years using Straight-Line Depreciation Method.

  What is the equipment after-tax net salvage value

Carter Air Lines is now in the terminal year of a project. The equipment originally cost $20 million, of which 80 percent has been depreciated.

  Imperial jewelers is considering a special order for 20

imperial jewelers is considering a special order for 20 handcrafted gold bracelets to be given as gifts to members of a

  Which dealership offers the better deal

CAR car dealership is offering free credit on a new $10,000 car. You pay $1,000 down and then $300 a month for 30 months. Another dealership does not offer free credit but will give you $1,000 off the list price. If the rate of interest is 10% ..

  Some important aspects of the decision

What are some important aspects of the decision that do not have to do with the price of gasoline and the $4,500 discount?

  What is revaluation of plant assets

Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities.

  Prepare the journal entry to record the redemption

On January 2, 2012, Novak Corporation issued $1,050,000 of 10% bonds at 97 due December 31, 2021. Prepare the journal entry to record the redemption

  Prepare the journal entry to record the issuance of the bond

Prepare the journal entry to record the issuance of the bonds

  Calculate the cash that healthmart expects to collect

Calculate the cash that HealthMart expects to collect in April, May, and June 2018 from sales and service revenues. Show calculations for each month.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd