Questions from Fraud Examination

Q: Len Haxton is the owner of a local CPA firm with four

Len Haxton is the owner of a local CPA firm with four separate offices in a medium-size town. He and his wife started the firm 20 years ago, and they now have over 50 full-time employees. Recently, he...

Q: As a new staff member in a large national company, you

As a new staff member in a large national company, you are excited about your career opportunities. You hope senior employees in the company will perceive you as being one of the "rising stars." Durin...

Q: You are the owner of a local department store in a small

You are the owner of a local department store in a small town. Many of your employees have worked for your company for years, and you know them and their families very well. Because your business is r...

Q: A prominent New York fertility doctor was sentenced to more than 7

A prominent New York fertility doctor was sentenced to more than 7 years in prison for his insurance fraud conviction. Dr. Niels Lauersen received the 73-month sentence and was ordered to pay $3.2 mil...

Q: Nancy is the receptionist and office manager at a local doctor's office

Nancy is the receptionist and office manager at a local doctor's office where you are working as a doctor's assistant. The doctor leaves Nancy to handle all office duties, including collecting cash re...

Q: A few years ago, there was a large oil refining company

A few years ago, there was a large oil refining company (based in New York) whose top executive was convicted of financial statement fraud. One of the issues in the case involved the way the company a...

Q: In civil cases, fraud experts are rarely used as expert witnesses

In civil cases, fraud experts are rarely used as expert witnesses.

Q: Helen Weeks has worked for Bonne Consulting Group (BCG) as

Helen Weeks has worked for Bonne Consulting Group (BCG) as the executive secretary in the administrative department for nearly 10 years. Her apparent integrity and dedication to her work has quickly e...

Q: The following actual fraud occurred in a communications company. What Ruth

The following actual fraud occurred in a communications company. What Ruth Mishkin did in her spare time didn't concern the Boca Raton, Florida, public relations firm where she worked very much. "We t...

Q: Full-of-Nature is a vitamin supplement company in New

Full-of-Nature is a vitamin supplement company in New York that makes different herbal pills for gaining muscular strength, losing weight, and living a healthier life. You have been hired to audit Ful...