Reference no: EM133019997

Workshop 10: Warning signs and consequences of corporate failure

We will discuss the warning signs and consequences of corporate failure.

Your contributions:
• Follow the preparation guide and complete the preparation activities.
• Participate in in-class activities.
• Engage in the class discussions that will form part of the group assignment.
• Discuss the warning signs and implications of corporate failure.
Learning Objectives:
After this week, you will be able to
• Identify warning signs of corporate failure.
• Identify frauds and preventative measures
• Explain the implications of corporate failure and how to prevent fraud and corporate failure.

• Read Retail sales disappoint tax cuts RBA fail to boost spending
• Read 7 Signs of your company is about to crash
• Read Small business failures on the rise
• Read Queensland ‘Money Mule' accountant charged with money laundering over alleged $3.3m email hacking scam.
• Read One of Queensland's biggest punters stole $10m from friend's company to feed gambling habit, police allege.
• Read Canberra public servants charges with conspiring to defraud Australian Government.
• Watch Shopping apocalypse: Retailers need to stop being lazy.

Question:
Read the case study about the Queensland accountant below and answer the question ‘Why do you think the accountant got involved in fraud?'
o Queensland ‘Money Mule' accountant charged with money laundering over alleged $3.3m email hacking scam.

Attachment:- corporate failure.rar