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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
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