ACC 556 Week 1 Individual Assignment
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You are the
internal accountant at a company that is preparing for an upcoming government
contract bid. The management in your company is deciding if it is necessary for
the company to perform a full financial status review prior to the bid. As an
internal accountant, prepare a report for management that provides supporting
information for a full financial status review prior to the bid.
Write a
paper of no more than 1,050 words that includes the following sections:
•
Section I: The effect of occupational fraud and abuse on the company
•
Section II: U.S. governmental oversight of accounting fraud and abuse
and its effect on the company
•
Section III: Potential corruption schemes to be aware of in the
company
•
Section IV: Recommendation of types of accounting evidence and methods
of gathering such evidence to support the financial status review
Format your paper consistent with APA guidelines.
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