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This discussion is for Accounting Principals II class Need a discussion post with at least...

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Accounting

This discussion is for Accounting Principals II class

Need a discussion post with at least one reference

Common tools of financial statement analysis such as horizontal analysis, vertical analysis and ratio analysis have helped to uncover fraud by identifying amounts that are out of line with expectations. Discuss how these tools can help to identify fraud schemes early and whether they are useful in preventing frauds overall.

Any website will do but here are two

https://www.acfe.com/uploadedFiles/Shared_Content/Products/Self-Study_CPE/Financial-Statement-Fraud-2009-Chapter-Excerpt.pdf

https://www.aicpa.org/InterestAreas/FRC/AssuranceAdvisoryServices/DownloadableDocuments/AuditAnalytics_LookingTowardFuture.pdf

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