Total internal reflection

Donald Cressey’s “Fraud Triangle” is a classic model used to clarify a widely-supported hypothesis of why the occupational offender commits fraud. (Sridhar Ramamoorti , Daven Morrison ,Joseph W. Koletar, 2009)According to the ACFE, occupational fraud is“the use of one’s occupation for personal enrichment through the measured misuse or misapplication of the employing organization’s resources or assets. The source of fraud lies in voracity and the opportunity for deception. It has severely…

The fraud perpetrated at Rite Aid could have been detected through the reconciliation of liabilities with monthly statements from the creditors. By reconciling the liabilities with the vendors’ statements, the auditors would have been able to detect any omission of liabilities or the reversal of expenses as was the case at Rite Aid. Also, the auditors could have used analytical procedures such as ratios for the year of audit and compared it to prior periods to detect unusual patterns or trends.…

It comes as no surprise that the clothing we wear has a major influence on how others perceive us. There are valid reasons why we don’t typically sport sweatpants at job interviews or ripped jeans at funerals; generally, we tend to present ourselves in attire that is socially acceptable so that others are more likely to form positive impressions of us. In this experiment, we examine the effect that clothing has, not only on social perception, but also on social influence, particularly in regards…

1. I own or control the Company Blue Ties Grocery Store and its Premises and Marks. By signing this release, I hereby grant the Producer and his Production Company, Lazer Productions, my consent to use the Premises and any images, video material, and audio recordings depicting the Premises and its Marks/Logos in any media, for any purpose, which may include, among others, advertising, promotion, marketing and packaging for any product or service, to be displayed on any network television channel…

In this scenario, I feel that HR failed to effectively communicate with the employees at Gulf Port Ships. Once the leaders of the organization, learned about the major upset amongst workers, with management's decision to charge employees vacation banks for days they missed work, There should have been a plan of action called into place and this situation should have been addressed by HR, to prevent it from growing into a bigger problem. By addressing concerns of workers, it would have…

Wells Fargo faces a civil lawsuit filed by Mike Feuer, Attorney of the city of Los Anglos. Wells Fargo is accused of unethical behavior by setting impartial sales targets for its employees. The company enforces quotes that were nearly impossible to meet which triggered unethical and fraudulent tactics. Under tremendous pressure due to impartial goals, Wells Fargo employees adopted fraudulent methods for meeting these goals. Investigation findings showed evidence of bankers opening unauthorized…

International Inc. with securities fraud and other violations of the federal securities laws. Qwest agreed to a judgment without confirming of denying guilt. The judgment enjoins Qwest from violating the antifraud, reporting, books and records, internal control, proxy, and securities registration provisions of federal securities laws. The judgment requires Qwest to…

Have you ever faced a challenge that might have took years to complete? Well, for authorities in the articles " Isabella Stewart Gardner Heist: 25 years of theories", and " National Treasures: Recovering Artwork owned by U.S. Government," they faced some pretty tough challenges. The authorities in these article face a challenge to find the missing and stolen art work from many years ago. It took them years to find the missing and stolen artwork that belonged to either a art museum or the…

fact, both the chief executive officer (CEO) and chief financial officer (CFO) of a public company are primarily responsible for the accuracy, documentation and submission of all financial reports along with establishing and maintaining the firm’s internal controls. The CEO and CFO are also required to certify the company’s quarterly and annual financial statements and evaluate the effectiveness of the company’s disclosure controls and procedures. According to the new “Exchange Act”, an update…

Chairman, President and Chief Executive Officer Anthony Petrello of Nabors Industries offers insight into the energy market and how recent trends will effect the company. Since Nabors Industries is a drilling contractor providing land-based and off-shore drilling rigs for gas and oil extraction, including specialty rigs, in 20 countries worldwide, any change in oil prices will affect the companys' customer's spending, and Nabor's revenue. Petrello analyzes key customer's projected operations…