Acc 578 week 4 assignment 2 – fraud risk assessment

 In your role as a corporate controller at Dingwow Inc., you have been charged by senior management with assessing the company’s risk exposure to fraud and techniques that could be implemented to detect fraud.

Using the Internet or Strayer databases, research risks associated with fraud, effective techniques that could be used to prevent or detect fraud, and the roles and responsibilities within the organization for preventing and detecting fraud.

Write a three to four (3-4) page paper in which you:

  1. Determine      the types of exposure to fraud that the company could be exposed to and      the related consequences to the organization. Provide a rationale for your      response.
  2. Evaluate      tools and techniques that are the most effective in preventing and      detecting fraud, making a recommendation for the tool that has the highest      cost-benefit factor. Provide a rationale for your recommendation.
  3. Evaluate      the roles and responsibilities in the company to prevent and detect fraud,      indicating how a culture of integrity can be created within these roles.
  4. Use at      least three (4) quality resources in this assignment. Note: Wikipedia      and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

  • Be      typed, double spaced, using Times New Roman font (size 12), with one-inch      margins on all sides; citations and references must follow APA or      school-specific format. Check with your professor for any additional      instructions.
  • Include      a cover page containing the title of the assignment, the student’s name,      the professor’s name, the course title, and the date. The cover page and      the reference page are not included in the required assignment page      length.

The specific course learning outcomes associated with this assignment are:

  • Examine      the use of data analysis and automated processes for fraud detection      within business systems.
  • Examine      management’s responsibilities for fraud prevention processes and the      establishment of proper controls.
  • Use      technology and information resources to research issues in fraud      prevention and detection.
  • Write      clearly and concisely about fraud prevention and detection using proper      writing mechanics