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For this assignment, use the Internet or Strayer databases to research
and identify an organization that was a victim of asset
misappropriation.
Write a five to six (5-6) page paper in which you:
Based on your research, evaluate the type of asset misappropriations
that occurred at the organization, and assess the factors that
contributed to the misappropriation. Give your opinion on whether
poor management or lack of management played a role in the asset
misappropriation. Provide support for your rationale.
Evaluate the legal mechanisms that could have been used to recover
assets through the civil and criminal justice systems. Assess whether
the civil and criminal justice systems did an effective job in recovering
the organization’s assets. Provide support for your rationale.
Assess management’s responsibility to share information related to the
breach with various stakeholder groups, indicating what should be
shared and how. Provide support for your rationale.
Review AICPA Statements on Auditing Standard (SAS) No. 99, “ Risk
Factors Relating to Misstatements Arising from Misappropriation of
Assets”, found within the text. Assess SAS 99 risk factors and discuss
if the risk factors were prevalent in the organization you researched.
Give your opinion on whether or not organizations should implement
a plan that reviews risk factors on a regular basis to determine if fraud
has occurred. Explain why or why not.
Review the corporate governance plan of the organization you
researched, evaluate the effectiveness of the plan, and make