ACC 571 Endless Education /uophelp.com ACC 571 Endless Education /uophelp.com | Page 12

For more course tutorials visit www . uophelp . com

For more course tutorials visit www . uophelp . com

ACC 571 Week 10 Assignment 4 Asset Misappropriation and Corporate Governance
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