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How would the fraud impact the financial statements

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Reference no: EM132136324

Question: 1. Write a cohesive analysis for both Gamma Construction Company and Jannie's Jewelry Store.

2. The normal out of class case requirements apply (so yes, there needs to be authoritative guidance in both and yes it can be the same guidance) Hint: the cases are about fraud.

3. Be sure to answer questions 1 and 2 in both cases.

4. The questions are brief, so the two case analysis TOTAL (together) should not be more than 3 pages, not including the works cited page.

5. Put both analyses in one document. So in other words, when you are finished with the Gamma discussion, hit return and Label Jannie's Jewelry store and start that case discussion.

6. I am only calling it 'two' analyses because I want to make it clear that they are unrelated and should not be discussed together.

7. It is okay to be brief as long as you completely answer the questions for each part.

Questions to Consider:

1. What are the red ?ags present that suggest the possibility of fraud? Are there conditions present suggested by the fraud triangle that may facilitate fraud? Are there IT-related issues that could facilitate fraud?

2. How would the fraud impact the financial statements? What accounts would be misstated?

Information related to above question is enclosed below:

Attachment:- FRAUDCASES.rar

Reference no: EM132136324

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