Question
Assignment 3: Fraud in the AIS
For this assignment, research the Internet or Strayer
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.
Evaluate what changes should be made to both the
Sarbanes-Oxley Act of 2002 and other current laws in order to make
them more effective in deterring companies from committing crimes.
Recommend a strategy that the company you indicated may use
to prevent future business information failures. Indicate how the
company should approach the implementation of your recommended
strategy. Provide support for your recommendation.
Use at least three (3) 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.
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