Reference no: EM131942067

Discussion 1: "Corporate Fraud"

Respond to the following:

• Organizations must adhere to strict anti-fraud requirements in how they prevent, detect, and correct fraud-related incidents. However, in the American corporate environment, our legal system continues to provide much freedom to organizations in how they conduct their business operations and interactions.

o Search on the Internet and select and describe a corporate fraud incident.

o Analyze the organization's response to the incident, and describe what controls could have been implemented to prevent the incident.

Discussion 2: "SOX"

Respond to the following:

• Describe the main elements of SOX and identify the controls organizations need to implement to be compliant with SOX.

• Choose the element of SOX you believe is most difficult or challenging for organizations to implement and explain why. Suggest the controls organizations should implement to mitigate the issue you chose.