The other two cases looked at errors that were made deliberately by subsidiary management and, in both cases, were both quantitatively and qualitatively material. Due to the fact that most fraud starts at the bottom, is it very important for executives to always be looking for things that do not appear to be right. Fiscal honesty is crucial in financial markets. It is essential that management quickly resolve any monetary

Without proper background checks prior to making the hiring decision, an organization can find itself employing individuals who have recently been fired elsewhere for fraud or theft. An organization can also seek to prevent employee fraud as well as theft by developing well drafted and concise guidelines in regard to acceptable standards of conduct. In the opinion of Beesley (2011), there is an existing need for each and every business

Insurance Fraud After tax evasion, insurance fraud is considered the highest-ranked among white-collar crimes. The original concept of insurance, as a for-profit endeavor, was to collect funds from a large number of people to pay for damages and accidents that involved a small percentage of the population that paid premiums. Insurance fraud is an ever-growing problem. Solving or eliminating this problem requires the resources and knowledge of individuals or associations with

Worldcom financial disaster provided many substantial learning points while helping expose the importance of accuracy and integrity in accounting procedures and standards. Eight years ago, when the true nature of the rise and fall of this telecommunications giant became public, many in the financial sectors of the world demonstrated shock and disbelief at the remarkable scope of corruption seemingly stemming from this agency. The purpose of this essay is to

Opportunities abound in the forensics industry today, and the experts suggest that this trend is going to continue to increase in the future. The term "forensics," though, can be applied to a number of different fields; however, all of these disciplines share a common feature in that their work products are specifically used in courts of law or for other legal issues that can mean the difference between life and

Constraints to Email and Potential Solutions Humankind has been communicating over increasingly lengthy distances over the millennia, beginning with drums and smoke signals, to relay runners and mounted messengers, to the telegraph and telephone and then, during the 1990s, the Internet and email. All of these communication media have their limitations, though, including the most popular written communication method today: email. Indeed, many observers believe that email will eventually spell