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ACC 564 Week 7 Assignment 3 –
Assignment 3: Fraud in the AIS
Due Week 7 and worth 280 points
For this assignment, research the Internet or databases to locate a
firm that was involved in a fraud and / or embezzlement case.
Explain how the firm’s accounting information system (i.e.,
components and functions) contributed to the fraud and / or
embezzlement. You will need to focus on how each component /
function of the accounting information system failed, which resulted
in the scandal / case.
Write a ten to twelve (10-12) page paper in which you:
Based on the information you researched, assess the failure of the
firm’s accounting information system to prevent the related fraud /
embezzlement.
Imagine that the company that you researched uses a third-party
accounting system. Evaluate the effectiveness of the firm’s stakeholder
in the event that a third-party accounting system suffers a breach.
Include an assessment of the level of responsibility of the software
provider to the business and its clients. Provide support for your
rationale.
Determine what advances in accounting and / or information
technology could have prevented the event from occurring. Provide
support for your argument.