What a trained forensic accountant

Assignment Help Managerial Accounting
Reference no: EM132603648

For this discussion, suppose that at your workplace, a manager is suspected of making topside journal entries to increase the income of the company because his bonus depends on the company's achieving a certain level of net income.

Question 1: In your initial post to this discussion, examine what you, a trained forensic accountant, look for when investigating this type of potential fraud activity. Where in the accounting records would you be able to find "fingerprints" that this specific manager is the single person responsible for the issue?

Reference no: EM132603648

Questions Cloud

How many shipments per year would have to be made : How many shipments per year would have to be made under Option A to produce an operating margin equal to 9% of sales revenue?
Briefly state the total planned expenditure function : a. Briefly state the total planned expenditure function and explain each of the components in detail
Critically analyse intended and unintended consequences : Identify and critically analyse intended and unintended consequences, recommending holistic solutions that will optimise the operations of the emergency
Define the term trade liberalization : Define the term 'trade liberalization'. What are the costs and benefits (both economic and social costs and benefits) to a country from trade liberalization?
What a trained forensic accountant : In your initial post to this discussion, examine what you, a trained forensic accountant, look for when investigating this type of potential fraud activity.
Prepare journal entry to record the sale of the bonds : Prepare the journal entry to record the sale of the bonds on January 1, 2016, and the proper balance sheet presentation on this date
How do calculate the materials price and quantity variances : Craft Brewery Co., Calculate the materials price and quantity variances and indicate whether the variances are favourable or unfavourable
What is the effectiveness of ids-ips tools in brief : What is the effectiveness of IDS/IPS tools on actually detecting/preventing an attacker? Are they worth installing for network defense? Why or why not?
Show the deadweight loss from the monopoly : . Show the deadweight loss from the monopoly. Explain your answer.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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