Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - An accountant with the current Olympic Games was charged with embezzling more than $250,000 to purchase a Mercedes-Benz and to invest in investments (certificates, shares and other deposits_. Police alleged that he created fictitious invoices from two companies that had contracts with the Olympic Committee: International Protection Consulting and Languages Services.
He then wrote checks to pay the fictitious invoices and deposited them into a bank account he had opened under the name of one of the companies. When he was apprehended, he cooperated with police to the extent of telling them of the bogus bank account and the purchase of the Mercedes-Benz and the Investments. The accountant was a recent honours graduate from a respected university who, supervisors stated, was a very trusted and loyal employee.
a. How does the accountant fit the profile of a fraudster? How does he not fit the profile?
b. What fraud scheme did he use to perpetrate his fraud?
c. What controls could have prevented his fraud?
d. What controls could have detected his fraud?
Entity A sells the equipment for ?870,000 on January 1, 20x5. Entity A incurs selling costs of ?20,000 on the sale. How much is the gain (loss) on the sale?
A company had a balance in accounts receivable of $250,000. What should the company report on its balance sheet at December 31, as net accounts receivable
Anna's time record shows that she have work 38hr on a regular hourly rate of $300. How much will be her gross earnings
please explain the cost-volume-profit analysis model and discuss how it can be
1. why is the balance sheet considered a point in time statement? 2. what is a fiscal year? why might an organization
Capwell Corporation uses a periodic inventory system. The company's ending inventory on December 31, 2013, its fiscal-year end, based on a physical count, was determined to be $343,000. Determine the correct amounts for 2013 ending inventory, purchas..
Case: Activity based costing for the small Business: A Primer. I have a case and I want to get an accounting powerPoint presentation. The powerPoint should be 20 slides.
Prepare a performance report for Point, Inc. for the year - Point, Inc. produces men's shirts.
Discuss the most important headings in a balance sheet and what the summary numbers mean.
Fairleigh Marketplace has a pre-printed amount of $1,500 at F1 on its September Activity Statement. Complete the FBT instalment section of the Statement
What unit selling prices should management select for each of the Clean & bright compounds for the remaining six months of the year
during october alcorn company had 109750 of cash receipts and 107555 of cash disbursements. the october 31 cash balance
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd