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ACC 564 Assignment 3: Fraud in the Accounting Information System$35.00For this assignment, research the Internet or Strayer databases to locate a firm that was involved in a fraud and / or embezzlement case.Explain how the firm’s ACCOUNTING information system (i.e., components and functions) contributed to the fraud and / or embezzlement. You will need to focus on how each component / function of the accounting information system failed, which resulted in the scandal / case.
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Write a ten to twelve (10-12) page paper in which you:Based on the information you researched, assess the failure of the firm’s accounting information system to prevent the related fraud / embezzlement.Imagine that the company that you researched uses a third-party ACCOUNTING SYSTEM. Evaluate the effectiveness of the firm’s stakeholder in the event that a third-party accounting system suffers a breach. Include an assessment of the level of responsibility of the software provider to the business and its clients. Provide support for your rationale.
Determine what advances in accounting and / or INFORMATION TECHNOLOGY could have prevented the event from occurring. Provide support for your argument.….Further Details are hidden…..
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