Week 1 Topic 2 review minimum of 150 words


I do not agree with the quoted statement due to the fact that if fraud has been found in any transactions in a business then we need to double check how this sort of cash fraud is affecting the financial statements because the financial statements could be way off no matter how big or small that amount of cash fraud is. As an ethical accountant and if doing an audit of this company then we need to double check the transactions to ensure how this fraud has affected the company financially then review with the business owner so he can go over it in detail with his managers, investors and employees so he can take proper action. “Fraudulent financial reporting is the misstatement of the financial statements by company management. Usually, this is carried out with the intent of misleading investors and maintaining the company’s share price.” (Freedman, 2018) This quote goes to show that fraud in accounting is more common now but auditors and accountants need to be on top of things to make sure that the cash frauds are not occurring by establishing strong internal controls and always have to investigate the cash frauds if they affect the financial to see how bad it was so we can fix it.
Word Count: 216
Freedman, J. (2018). What Is an “Ethical Issue” in Financial Accounting? Retrieved February 05, 2018, from http://smallbusiness.chron.com/ethical-issue-financial-accounting-57889.html

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

Money-back Guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism Guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision Policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy Policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation Guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more