Final Accounting Assignment.

Name of the entity: Phar-Mor(Discount store company).

•The purpose of the project: Showing how ineffective internal control over Inventory could lead a business to bankruptcy.

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

•Business case- element and issues:
This management fraud draws our attention since it committed a fraud of $500 Million by overstating the inventory. (issue) We start gathering information that explains how such a huge fraud could be occurred while external auditing is practicing their regular tasks by inspecting physical assets, documents and other performances.
Why inventory is important to the business?.
• plans to implement a good internal control over inventory which could have prevented the fraud .
•New systems that prevent what happened with the company ..

• How could they have avoided that .

•In the end explain it with numbers and facts.

(Also make a small power point of the research for presentation)

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started