(solution) ACC 691 Milestone Three Guidelines and Rubric Overview: The final

(solution) ACC 691 Milestone Three Guidelines and Rubric Overview: The final

Can someone please help me write this paper? Please see attached.

ACC 691 Milestone Three Guidelines and Rubric
Overview: The final project for this course is the creation of a financial statement fraud case study. You will use a fraud case from a real-world situation. You are
encouraged to put yourself in the place of the auditor as well as the stakeholders. You will consider the theoretical models of fraudulent behavior, evaluate
internal controls, assess fraud risk factors, and apply prevention and detection techniques. You will also analyze the overall responsibilities of the auditors to
organizational stakeholders while considering applicable auditing standards.
Prompt: In this milestone, you will draft the remaining subsections of Section III (I and J) as well as Section IV of the final project regarding the fraud case Crisis at
the Mill: Cash Flow Forecasting Exercise in one coherent paper. In the paper, you will discuss what preventive controls can be put into place to prevent this fraud
type from occurring again as well as the recommendations you would make as an auditor to strengthen the company?s internal co ntrols. Lastly, you will discuss
the impact of the case on auditing standards, as well as legal, social, and economic impacts.
Specifically the following critical elements must be addressed:
III. Analysis of Fraud that Occurred
I. What preventive controls can be put in place to prevent this type of fraud from happening again? Why would these be the most effective
controls?
J. As an auditor, what recommendations would you make to company management to strengthen their internal control system? Be sure to
support your recommendations.
IV. Impact and Auditor Responsibility
A. What was the impact of this fraud case on the auditing profession (regarding each of the following perspectives)?
1. Professional (auditing standards)
2. Legal
3. Social
4. Economic Rubric
Guidelines for Submission: This portion of the case study analysis should be 4?5 pages, double-spaced, with one-inch margins, 12-point Times New Roman font,
and APA 6th edition formatting.
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more in formation,
review these instructions.
Critical Elements
Analysis of Fraud
That Occurred:
Preventive Controls Proficient (100%)
Determines the preventive controls that
could be put in place to prevent this
type of fraud from reoccurring and
explains why these would be the most
effective controls Analysis of Fraud
That Occurred:
Recommendations Proposes recommendations to company
management to effectively strengthen
their internal control system with
support Impact and Auditor
Responsibility:
Professional Evaluates the impact of the fraud case
on the auditing profession from the
professional perspective Impact and Auditor
Responsibility: Legal Evaluates the impact of the fraud case
on the auditing profession from the legal
perspective Impact and Auditor
Responsibility: Social Evaluates the impact of the fraud case
on the auditing profession from the
social perspective Impact and Auditor
Responsibility:
Economic Evaluates the impact of the fraud case
on the auditing profession from the
economic perspective Articulation of
Response Submission has no major errors related
to citations, grammar, spelling, syntax,
or organization Needs Improvement (75%)
Determines the preventive controls that
could be put in place to prevent this
type of fraud from reoccurring but does
not explain why these would be the
most effective controls or determination
is cursory or contains inaccuracies
Proposes recommendations to company
management but recommendations
would not effectively strengthen their
internal control system or does not
provide support
Evaluates the impact of the fraud case
on the auditing profession from the
professional perspective but evaluation
is cursory or contains inaccuracies
Evaluates the impact of the fraud case
on the auditing profession from the legal
perspective but evaluation is cursory or
contains inaccuracies
Evaluates the impact of the fraud case
on the auditing profession from the
social perspective but evaluation is
cursory or contains inaccuracies
Evaluates the impact of the fraud case
on the auditing profession from the
economic perspective but evaluation is
cursory or contains inaccuracies
Submission has major errors related to
citations, grammar, spelling, syntax, or
organization that negatively impact
readability and articulation of main ideas Not Evident (0%)
Does not determine the preventive
controls that could be put in place to
prevent this type of fraud from
reoccurring Value
15 Does not propose recommendation to
company management 15 Does not evaluate the impact of the
fraud case on the auditing profession
from the professional perspective 15 Does not evaluate the impact of the
fraud case on the auditing profession
from the legal perspective 15 Does not evaluate the impact of the
fraud case on the auditing profession
from the social perspective 15 Does not evaluate the impact of the
fraud case on the auditing profession
from the economic perspective 15 Submission has critical errors related to
citations, grammar, spelling, syntax, or
organization that prevent understanding
of ideas 10 Total 100%