ACC 562 Week 3 Assignment 1 Madoff Securities ( 2 Papers ) For more course tutorials visit www . tutorialrank . com
analysis , formulate an opinion on whether or not these changes are sufficient in preventing financial fraud . Provide a rationale for your response .
Debate it ! Audit committees are an effective tool for detecting and preventing fraud . Provide a rationale for your response .
=========================================
ACC 562 Week 3 Assignment 1 Madoff Securities ( 2 Papers ) For more course tutorials visit www . tutorialrank . com
This Tutorial contains 2 Different Papers
Determine the regulatory oversight that was in place while the Ponzi scheme was operating , and speculate on the main reasons why they did not discover the scheme .
Assume you are an auditor for a firm that had $ 10 million dollars invested in Madoff Securities .
Determine the fundamental audit procedures that you should have applied to this investment .
Predict the way in which a peer review of Friehling and Horowitz would have uncovered the scheme related to Madoff Securities .
Pretend you are Harry Markopolos and suggest one ( 1 ) strategy , different from that of the case study , to expose the potential fraud . Provide a rationale to support the suggestion .