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Posted: June 21st, 2023
The Portfolio Project for ACT450
The Portfolio Project for ACT450 is a research report that identifies
and analyzes a company that has been indicted for fraud. The report
also will evaluate the auditorâs role in relation to the fraud.
To conduct your research, choose as a case
study one of the companies listed below, or obtain approval from your
instructor to use a public company not on the list.Just for FEET, Inc.Health Management, Inc.Jamaica Water PropertiesThe Leslie Fay CompaniesNextCard, Inc.Crazy EddieZZZZ BestYour
report must describe the issues surrounding the company and any company
policies in relationship to the impact those might have on public
audits/accounting.Provide the following elements in your paper:An executive summary identifying the company, the fraud, the affected stakeholders, and the ultimate resolutionA brief history of the companyAn analysis of the auditorâs role in the fraud, including any auditing standards that the auditors did not followIdentification of internal controls that were circumvented or lacking and that could have prevented the fraudIdentification
of accounting policies currently in effect that are designed to prevent
similar problems from occurring again, or, if no policy exists, a
proposal of a solution that would prevent a recurrenceYour paper should be 8-10 pages in length. Follow APA format, according to .csuglobal.edu/fileman/files/schoology/courses/global/documents/CSU-Global-Guide-to-Writing-and-APA-Requirements.pdf">CSU-Global Guide to Writing and APA Requirements.
Include a title page and reference page. Use four outside academic
sources other than the textbook, course materials, or other information
provided as part of the course materials.
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