Functional Business Systems

Identify a case of corporate fraud by finding a current event or by researching historical cases. After finding a case, complete the following in your initial discussion post:

• Briefly summarize the case, including what happened, who was involved, and what damages were incurred.
• Note how the fraud was detected and discuss any red flags that appeared prior to detection.
• Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not?
• Are there any specific business policies and procedures that could have been in place that would have prevented the fraud from occurring? Explain.
• Embed course material concepts, principles, and theories, which require supporting citations along with at least two scholarly peer reviewed references supporting your answer
• Use  academic writing standards and APA style guidelines. NOT less than 275 words double space

Be sure to support your statements with logic and argument, citing all sources referenced.

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