Fraud may be prosecuted criminally or civilly . Anytime the legal issue at hand involves money or fraudulent activity , forensic accountants and fraud examiners can play an important role in the investigation . Compare and contrast the remedies available in the civil and criminal justice system , indicating which system is most effective .
& quot ; Management Override , Collusion , and Earnings Management & quot ; Please respond to the following :
Assess the three procedures that are effective in identifying breakdowns in internal controls due to override and collusion . Choose which of three would be most difficult for the external auditor to detect . Explain your answer .
Compare and contrast earnings management and fraud , and give your opinion of how external auditors can determine if management is deliberately managing their earnings .
& quot ; IT Systems Controls and Data Recovery & quot ; Please respond to the following :
Evaluate the two major approaches for testing IT system controls . Of the two approaches , give your opinion on which you believe provides the most assurance that fraud has not occurred in an organization . Provide support for your rationale .
Evaluate the effectiveness of computer functions that are used to recover deleted files , and identify software packages that are commonly used to restore deleted files . If the