Flag Case Studies Samples For Students

Executive Summary

This case study focuses on identifying fraudulent issues taking place in the given four situation of Forensic Accounting. It identifies the issue on hand for every situation and goes further to discuss the in details the presence of elements such as coercion, collusion, and concealment. Nevertheless, the paper utilizes the fraud triangle to explain how the fraudulent acts are committed. The conclusion for each situation discusses the possible ways of addressing the issues being identified.

Introduction

Fraud have been on rise in forensic Accounting creating path for more investigations in order to identify ways in which these frauds arise and ...

The first amendment gives the citizens the freedom of expressions, assembly, religions, and the right to petition the government at any level. It also prevents the congress from promotion of any religion over the others and restricting any person from religious practices. It also holds that the congress ought to promote media rights and as such shall not restrict the press or an individual from speaking freely. It is imperative that the first amendment gives the citizens blanket protection from many issues that affect the people direct.
Interpretation of the first amendment has proved to be controversial. As ...

The development of infants or toddlers occurs in a very predictable sequence which can be visible from the way a child begins by crawling prior to walking or even babbling before they can actually talk. Each developmental stage or milestone can vary from one child to another but the variation should be within acceptable variances that can be covered over time. For instance some children may achieve fast development in the initial 18 months and slower development in the subsequent stages; others may present with slow growth in the early stages and fast growth in the latter stages. However, ...

Original Cruise Inc. Big Money on the high seas

CNBC aired in 2009 a special program about the business of the cruises industry. The industry is concentrated in three big players: Carnival, Royal Caribbean, and Norwegian. The Report (CNBC) was using the study case of Norwegian with the collaboration of the Chief Financial Officer of Norwegian. The first goal of the cruise company's managers is to fill up the ship before set sail. According to the interview, the most important part of the business is not by the ticket selling of cabins before the ship set sail but after the ship set sail. There are related businesses with ...

Legal Environment of Admin

Minimum Procedure: Matthews v. Eldridge, 424 U.S. 319 (1976)
Issue - Does receiving a notice and opportunity to comment in writing a valid ground to cut a person’s legal benefits without going through a full evidentiary hearing? This is the central issue pertaining to the interpretation of due process in the Fifth Amendment.
Decision - The Supreme Court ruled the due process in the Fifth Amendment does not require evidentiary hearing given that the right to receive notice and opportunity to comment in writing was provided to the plaintiff.
Reasoning - The court argues that the determination of the ...

1. With a 22.7% gross profit ratio, and a 5% return on assets, there is a huge red flag raised. It makes no sense when looking at Crazy Eddie’s figures as to why the profit ratio should be so low. With a profit margin of just 3% over a three-year period, a red flag is raised. This is because with so many millions of dollars in sales, one would expect the gross profit ratio and return on assets to be higher, especially since the chain was expanding during this time period. Because of this, an audit was necessary in order to determine where the ...

Introduction

The main issues with Parmalat include the ineffective audit planning process and risk management. The company was involved in the fraud and misrepresentation of the financial statements. In addition, due to ineffective audits the company had to face severe consequences at the end. There is a need to implement effective audit strategies and risk management process.

It is important for the auditors to confirm cash balances with the financial institutions that are used in the cash reconciliation of the company like Parmalat. By using standard from confirmation, the auditor requests financial institutions to confirm by examining their records about ...

Health abnormlities of several kind require a thorough assessment in terms of management. With the technical advancements, medical field had evolved to simplify the complex assesssment tasks. For instance, medical imaging has come up to make feasible the analyis of body parts through the production of images. There is a need to know much about this particualr area. In such context, the present description deals with a topic Magentic Resonance Angiography (MRA) of the remal artery with a special emphasis on the 3D gradient echo sequencing in MRI.
Briefly, magnetic resoannce angiography constitutes a kind of MRI (magnetic resonance ...

Saxonville Sausage is a private family owned business that has been facing the attempts of counteracting the financial issues in the sausage market as the company had about 1.5 billion dollars revenues in 2005. The company focuses on the fresh pork sausage products and generates seventy percent revenues from its bratwurst line, twenty percent from the breakfast sausages, and just five percent revenue is generated from their small line of Italian Sausages that are named as “Vivio”. The main concern has been the flat sales of the bratwursts and the declining image of their breakfast sausages. However, the company ...

Introduction

The AirSec Company emerged as a collective contribution of three graduate engineers who extensively researched and established this particular technology, to combine drones (popularly referred to as UAV or Unmanned Aerial Vehicles) with security systems of enhanced technology. These graduate engineers were able to attain this by use of a minute drone, properly equipped with cameras of very high definitions. The cameras could use particular night observing infra imageries and also the normal light imageries. After periods of development, present time Wi-Fi links were successfully introduced to numerous receivers such as cellular phones.

The core aim of AirSec Limited ...