Sign In
Not register? Register Now!
Essay Available:
You are here: HomeCase StudyAccounting, Finance, SPSS
Pages:
1 page/≈275 words
Sources:
No Sources
Level:
APA
Subject:
Accounting, Finance, SPSS
Type:
Case Study
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.68
Topic:

Accounting Writing Assignment Response Equity Fund Fraud (Case Study Sample)

Instructions:

writting a reflection on the cases (equity funding) and its impact on the recommendations of the Cohen Commission.

source..
Content:


Response Equity Fund Fraud
Student’s Name
Institutional Affiliation
Response
The fraud perpetrated in Equity Fund institution was well crafted and involved over 20 individuals. There was a lot of insurance policies sold to companies as well as individuals that were not real per se. This move was designed to ensure that the earnings of the company remained elevated for several years to solidify the stocks of the company in the market. This way the owners of the company stood to gain a lot from the company through such fraud earning millions in profit.
It can be argued that the fraud could not have been successful had the company had independent auditors. The three auditors who were also convicted made it possible to defraud the public of millions of funds. Through their work, all other auditors could not notice any problem with the company’s finances. Therefore, the

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Conceptual Framework for Principles-Based Standards
    Description: A conceptual framework revolves around theoretical and conceptual issues of financial reporting and defines the purpose as well as accounting nature...
    11 pages/≈3025 words| APA | Accounting, Finance, SPSS | Case Study |
  • Lakshman and Anand's Firm
    Description: A creator business model is a strategy that Lakshman and Anand's firm should use to generate revenue through the ethical hacking services they offer as well as training...
    2 pages/≈550 words| APA | Accounting, Finance, SPSS | Case Study |
  • What Is The Effect Of An Increase In Treasury Bond To A Normal Company Bond?
    Description: If the interest rates of treasury bonds increase as suggested from 5% to 9% the demand for the company common stock will decrease....
    1 page/≈275 words| 1 Source | APA | Accounting, Finance, SPSS | Case Study |
Need a Custom Essay Written?
First time 15% Discount!