Organization Financial Fraud in the Food Industry
Discussion 1:
Create a scenario in which a company conceals financial fraud from the auditing firm through the use of information technology.Suggest at least one way in which an auditing firm can minimize its exposure to this risk.
Discussion 2:
assess the effectiveness of ESOPs to incentivize key employees and whether this would be a viable option for your venture. Provide an example to support your response.
My business venture is regarding the food industry
Organization Financial Fraud in the Food Industry
Student Full Name
Institutional Affiliation
Course Full Name
Instructor Full Name
Due Date
Organization Financial Fraud in the Food Industry
Discussion 1
Mike had worked at Brenna Food Retailer for over 27 years. He rose the ranks to become the organization’s chief consultant, starting as a janitor at 17. In the past eight years, Mike has been working as a global ambassador of the organization and has helped establish 18 branches in Europe, Asia, and Africa and curate a diverse, multicultural food alternative on Brennan’s retail shelves. However, his dealings are increasingly raising red flags. A recent audit of his expenses shows false expenses above $21 million. Results show that Mike has created numerous fake accounts and international contacts on the basis on which he developed fake invoices and fake expense reports. Because of his perceived loyalty to the organization, length of stay at the family-owned organizati...
👀 Other Visitors are Viewing These APA Essay Samples:
-
Capital Investment on Short-Term Projects
2 pages/≈550 words | 2 Sources | APA | Accounting, Finance, SPSS | Essay |
-
Capital Budgeting Projects: Making a Patio Deck and Mowing Grass
1 page/≈275 words | No Sources | APA | Accounting, Finance, SPSS | Essay |
-
Asset Allocation at the Cook County Pension Plan
4 pages/≈1100 words | No Sources | APA | Accounting, Finance, SPSS | Essay |