Certified Fraud Examiner Essays

leadership style often result from critical thinking, the compilation of facts and finding ways to solve a variety of problems (teamwork) 4. The law firm report identified Ebbers as the source of a culture that resulted in the company’s accounting fraud. How did Ebbers’s leadership style contribute to the values and actions of key managers? How could key managers perform their jobs effectively and ethically in the WorldCom culture?

1a. How does Miller fit the profile of the average fraud perpetrator? (5 points) Miller was a trusted employee and co-worker and people hardly suspected that he was stealing money. Despite seeming to be an upright employee, Miller was very cunning and would even provide misleading information such as being “prepared” with pre-signed checks while the other co-signer was on vacation. He would destroy and remove checks from bank reconciliations that would lead the crime right back to him. Miller would

There are different types of “white collar crime” that exists inclusive of fraud, embezzlement, insider trading and Ponzi schemes. “White collar crime” affects everyone and the main driving force of the perpetrator of the white collar crime is mainly greed plain and simple. There are different theories associated with “white collar

Three Interesting Topic of Forensic Accounting Financial forensic accounting is the use of knowledge and skills to investigate fraud and to analyze financial information for the use in legal proceedings (Kranacher, 2011, P.5). The three most interesting topics are criminology, fraud examination, and categories of fraud. Criminology is the sociological study of crime and criminals. Few questions to consider while studying this topic is “why do people commit such crime,” “what can we do to prevent

IV. Fraud triangle and fraud diamond Causes on business fraud, theorists proposed many famous theory about corporate fraud，fraud triangle theory, GONE theory and corporate fraud risk factor theory. US Association of Certified Fraud Examiners (ACFE), the current president of the American Accounting Association W. Steve Albrecht proposed the fraud theory (Wells 2001), he believes that corporate fraud is generated by the pressure, opportunity and Rationalization three factors, the lack of any of the

Bid-Rigging, and Kickbacks. 6. Purchasing Goods for Personal Use with Company Funds. 7. Data Manipulation. 8. Duplicitous Expense Reports. 9. Manipulate the Machines. 10. Salami Fraud. Many times security and controls are so poor, employees simply walk out the door with your cash, inventory, or other assets. Discounting fraud or disagree with it can happen at your company is foolish and is inviting loss. By the way, a favored trick of dishonest employees is to take inventory out the back door and

These elements can be incorporated in the Bernard Madoff’s Ponzi scheme in various ways. For instance, fraud triangle refers to a given framework that is designed to provide an explanation to some of the reasons behind the decisions by an individual or worker to be involved in workplace fraud (Kassem and Andrew 12). In this case, there are three stages that are categorized by the impact on the individual which are summarized as pressure, opportunity

that we know. This crime is committed in an electronic medium and here means read is not a requirement and is done in secret Feldman(2013). Cyber war takes place largely in secret, unknown to the general public of crimes include pornography, cyber fraud, defamation, cyber stalking, harassment, IPR theft, data hostage, money laundering, phishing, e-mail bombing, cyber war, illegal monitoring. Secondly let me talk about the effect of cybercrime in our society today. Becoming the victim of cybercrime

The theories on how Anne Frank and the others in the annex were discovered included one of the employees tipped off the police, neighbor or passerby could have heard and alerted authorities, or discovered by chance. For example, the article says, “Otto, who passed away in 1980, long suspected that one of his employees, Wilhelm van Maaren, had tipped off the police.” The article also says, “They’re hoping to determine whether a neighbor or passerby could have heard the Franks and alerted the authorities

It is observed by researches and analysts that unethical business and accounting decision has took place in Enron Company especially CFO Jeffrey Skilling and CEO Ken Lay who played major roles in this scandal. Enron involved in business risks like fraud and the company failure happened when it entered into conservative transactions. The problem Enron faced was that they treated their loans as revenues yet it is not shown in the balance sheet, in other words, Enron did not treat them as current liabilities

Abstract “Cybercrimes and cyber criminals seem to be everywhere now and Taking cyber security seriously could mean the difference between Business success and failure”. The purpose of this paper is to find out the reasons for increase and ways of detecting and preventing cybercrime in businesses. Cybercrime is a fast-growing area of crime. More and more criminals are exploiting the speed, convenience and anonymity of the Internet to commit a diverse range of criminal activities that knows no borders

In today 's world, sea divers and treasure hunters have found shipwrecks that contain millions of dollars while others have purchased priceless items for a measly rate. Because of these finds and purchases, the public raises the question: who owns these artifacts? Although it may seem obvious to you who owns the items, it is not an easy question. Start, for example, with Odyssey Marine Exploration, a US salvage company. They found an estimated $500 million in gold from a Spanish ship. Apparently

1. Introduction Corruption in FIFA has a very long history of bribery and money laundering but it was never taken seriously until last year when a large number of FIFA officials were arrested over corruption scandal. When in May 2011 president Sepp Blatter was asked about the crisis in FIFA he sarcastically answered “Crisis? What crisis? We are only in some difficulties.”, four years later in December 2015 FIFA independent ethics committee banned him from all FIFA related activities for 8 years

How and Why to Spot "Fake" News Name Institution Affiliation Date 1. If you had to help someone spot "fake news," what would you tell them? Choose a news article from a reputable media outlet and compare it to an online store that you know is fake. Fake news is a major trending issue especially propagated through the social networks and adopted by many individuals. If I was to help someone to check ‘’fake news’’ I would tell them to check on the credibility of that news by consulting

During the early and mid-19th Century, a literature type known as Romanticism evolved in Europe, creating many works of poetry and literature that are still in use presently. Through Romanticism, poets wanted to shed the light on the beauties or the darknesses of human nature and humans themselves with different characteristics that define Romanticism. ¨Dr. Heideggar´s Experiment¨ by Nathaniel Hawthorne and a short story, Nature, by Ralph Waldo Emerson both present the Romantic Characteristic of

An Ethical Analysis on Bernie Madoff and The Biggest Ponzi Scheme in History Intro The money related framework is surely a secret for some, notwithstanding for the splendid personalities that attempt to review its conduct. Some of these splendid personalities pick up their cash by helping other people pick up theirs. They are likewise known as monetary organizations. We are instructed by a society that we should profit in view of benefits, no duping or lying, and in a moral way. Sadly, there are

Professor Pao INTRODUCTION/SITUATIONAL ANALYSIS The object of this case analysis examined the ethics program of the Eron Corporation. The case analysis examines the Enron’s organizational culture that led to multiple counts of security fraud and its bankruptcy, in December 2011. Although, there are many contributing factors to the demise of the gas company, the major factor was its unethical practices and its financial scandal to its shareholders. This analysis will address the cultural

bankruptcy fraud, credit purchase or taking loans with no intention to pay and insurance fraud. 2. In the course of employment. Such employment violates their duty of loyalty towards their customer and employee. Such crime are bribery, kickbacks, embezzlement and pilfering. These type of criminal are work for government, as business employee and other established firm. 3. Crime related to business operation such as food and drugs violation, misrepresentation in advertising and prescription fraud. 4.

society as it affects the economy and the stability of a country. It is a gateway of sourcing criminal activities like mafia operations, drug trafficking, illegal arms dealing and terrorist financing. Financial crimes ca be in the form of credit card fraud, insider trading and money laundering. Money laundering is a large scale financial crime. "The process by which one conceals the existence, illegal source, or illegal application of income, and then disguises that income to make it appear legitimate

The Invisible Man Essay After reading the book “Invisible Man”, written by Ralph Ellison I have come to the conclusion that this fiction book was simply informative in the main character’s past. This character had gone through so much throughout his life and describes each adventure carefully with great detail. This essay will describe how the main character views himself, and how the main character lived before he turned invisible. In the prologue of the book, the narrator first describes himself;