Business Finance Homework Help

Option #1: Financial Statement Fraud and Other Types of Fraud

Read the following article:

Suh, I., Sweeney, J. T., Linke, K., Wall, J. M. (2018). Boiling the frog slowly: The immersion of C-suite financial executives into fraud. (Links to an external site.) Journal of Business Ethics , 1-29.

Prepare a detailed analysis of the article by incorporating your responses to the following questions in well-developed paragraphs (do not use a question-answer format).

• How is financial statement fraud committed on behalf of an organization different from fraud committed against an organization (such as embezzlement)? In your write-up, include how the different types of fraud are committed, who usually commits each type, and who benefits from the fraud.
• The interviewees in the article were financial executives who became involved in accounting fraud PRIOR TO the enactment of the Sarbanes-Oxley Act (SOX). Discuss the impact that SOX would have had on the executives interviewed in the article.
• Discuss the positive and negative effects of regulations on combatting fraud.