Reference no: EM133492681
Question 1: What is a forensic accounting report? Why is it prepared?
Question 2: What does a forensic accounting report include?
Question 3: What is the difference between the "background" and the "executive summary" in the forensic accounting investigation report?
Question 4: Explain the difference between "scope" and "examination findings" in the forensic accounting investigation report?
Question 5: What is included under the "internal control findings" section in the forensic accounting investigation report?
Question 6: What is the "summary of identified red flags" in the forensic accounting investigation report?
Question 7: What does "approach" include in the forensic accounting investigation report?
Question 8: What does "deliverables" include in the forensic accounting investigation report?
Question 9: Differentiate between "conclusion" and "recommendations" in the forensic accounting investigation report?
Question 10: State two consequences of fraudulent activities on a business.
Question 11: Critically evaluate if it is possible for a business to recover from financial fraud.
Question 12: State the ways in which a business can recover from fraud.