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Saudi Electronic University Business IT Corporate Fraud Case Paper

 

I’m trying to study for my Business course and I need some help to understand this question.

Identify a case of corporate fraud by finding a current event or by researching historical cases. After finding a case, complete the following in your initial discussion post:

* Briefly summarize the case, including what happened, who was involved, and what damages were incurred.

* Note how the fraud was detected and discuss any red flags that appeared prior to detection.

* Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not?

*Are there any specific business policies and procedures that could have been in place that would have prevented the fraud from occurring? Explain.