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As economic crimes increase globally, accounting fraud is consistently in the top three areas, according...

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Accounting

As economic crimes increase globally, accounting fraud is consistently in the top three areas, according to the results of a global survey summarized in Figures 23.16 and 23.17 in this week's chapter reading from your course text. To complete this weeks discussion, use the Internet or the Strayer University Library to research a company sanctioned for financial accounting fraud within the past five years.

Provide your opinion on the situational pressures that caused the perpetrators in the example you located to commit fraudulent reporting.

Assess the opportunities for fraudulent financial reporting and provide an example of how the company you researched might have been able to prevent its employees or agents from engaging in fraudulent reporting before it occurred. Provide an explanation for your response.

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