: Forensic Accounting and Fraud Examination - Assignment Example

Summary

Additionally, the cans of tuna could be used to make makeshift knives which could pose a danger to the inmates.
Legally, the Macks could be used to pay for services such as…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.6% of users find it useful

Assignment: Forensic Accounting and Fraud Examination

Read Text Preview

Subject: Finance & Accounting
Type: Assignment
Level: High School
Pages: 1 (250 words)
Downloads: 3
Author: qsimonis

Extract of sample ": Forensic Accounting and Fraud Examination"

Assignment: Forensic Accounting and Fraud Examination Question Other than Mac, give some other examples ofhow substitute currency is usedThe other examples of how substitute money is used in the prisons include: payment using fillets of oily dark-fleshed fish, the use of books of stamps, and the use of PowerBars or cans of tuna.a. Give a specific illicit example of how it is usedThe Macks could be used to buy illicit goods such as stolen foods and home-brewed prison hooch. Additionally, the cans of tuna could be used to make makeshift knives which could pose a danger to the inmates.b. Give a specific example of an (arguably) legal useLegally, the Macks could be used to pay for services such as shoe-shining, cleaning of the cells, in the ironing of clothes and in trimming of one’s beards by other prisoners engaged in doing that kind of work.

It could also be used to buy food and toiletries.c. How would you combat illicit use?This can be combated via several ways. First, by dispossessing all the prisoners of all the stocks of mackerel they have and prohibiting them from possessing any cash. Secondly, if at any time they possess cash either from the jobs they do or from family members who visit them, I’ll ensure that those are used strictly in buying legal food and toiletries.d. How would you / should you regulate arguable legal use?

Since some prisoners tend to conduct trade amongst themselves of goods they buy from the prison commissary, I’ll ensure that guards respond promptly to limit the amount of such items that in mates can stockpile. Consequently, those found bartering their fellows for mackerels would risk their credit for good behavior by being isolated in the “Special Housing Unit” (Radford, 1945). I could also set up a consulting firm to offer professional advice to inmates and soon-to-be convicted prisoners about the benefits of putting the mackerels into proper legal use.

ReferencesR. A. Radford. (1945). The Economic Organisation of a P.O.W. Camp. Economica, vol. 12, referenced 2009-05-09. Retrieved from http://www.albany.edu/~mirer/eco110/pow.html

CHECK THESE SAMPLES OF Assignment: Forensic Accounting and Fraud Examination

The Threat of Fraud

This report “The Threat of fraud” will give an abstract of the main document body, review identity theft and the threat of fraud, measures, and approaches to protect executives, give an overview of how to prepare a loss prevention workshop and close with a conclusion.... A workshop organized to sensitize executives on fraud would include a participatory and self-assessment session to monitor uptake of information by attendants.... Cybercrime occurs when three principal factors are present; opportunity, rationalization, and pressure as the fraud triangle shows....

5 Pages (1250 words) Assignment

Forensic Accounting class discussion

Forensic Accounting and Fraud Examination.... Computer forensics has the sole aim of performing a structured investigation while at the same time ensuring that… The evidence has to be maintained in order to find out what exactly took place, as well the person who can be held liable for a fraud carried out on a computer (Kranacher, Riley & Wells, 2011). There are several functions that can be utilized in forensic accounting forensic accounting Computer forensics Computer forensics refers to the application of computer analysis, as well as investigation techniques, to gather suitable evidence that can be presented in court....

1 Pages (250 words) Assignment

Publication of Nutrition Facts

Markets are extremely competitive, and firms normally look for means of attracting prospective customers in away to outdo their… Product differentiation therefore, is the practice in where enterprises offer products or services with unique features to consumers.... This approach will immensely help DSC gain competitive lead over already in the market and potential investors. Duncan Shirt any can achieve this strategy by charging Priority, Team, and Shop different prices and at the same time, these respective customers selling to different purchasers....

3 Pages (750 words) Assignment

Forensic Pathology: The Clinical Forensic Medicine Scenario

The physical examination findings will be recorded on paper.... On the other hand, some women may nourish forensic Pathology: Case Study Problem C Affiliation with more information about affiliation, research grants, conflict of interest and how to contactForensic Pathology:Case Study Problem Ca) Women who are victims of domestic violence (DV) or intimate partner violence often tend to show hesitation to admit it and they need a question from the attending healthcare professional as an “essential first step” for disclosing the fact (Linden & Director, 2004, p....

2 Pages (500 words) Assignment

Advanced Criminalistics - Document Examination

For instances, if the identity thief erased or made some content obscure, a forensic investigator may be able to notice through handwriting.... orensic Science in Fighting Identity Theft forensic science can provide and use POS terminals and VPD techniques for detecting modified ATM intersections, concealed CCTV setups, listening gadgets, and custom-built or modified electronics of all kinds (Kevin, 2008).... Through forensic science's joint effort with the technology industry and the police, forensic analysis or investigations that formerly showed technological or paper transaction limitations or unknowns become solvable....

2 Pages (500 words) Assignment

Graphology Vs Forensic Document Examination

This essay considers the differences between forensic document examination and graphology, and, also the differences between the organizations of FDE and graphology.... The Differences between Forensic Document examination and Graphology.... Conversely, forensic document examination is a scientific field lawfully-established to ascertain the legitimacy and point out the documents in dispute any form of forgery (Lewis, 2014).... ?Forensic document examination: Fundamentals and current trends....

2 Pages (500 words) Assignment

Financial Investigation and Forensic Accounting: Consultant Expert

"Financial Investigation and forensic accounting: Consultant Expert" paper states that the utmost professional issue for a forensic accountant to consider is that all the data and information he had gathered are strictly confidential and must avoid accidental disclosure to other third parties.... he impact is that a forensic accountant must clearly define in what capacity he or she is giving expert opinion – whether as a consultant expert or as an independent expert....

11 Pages (2750 words) Assignment

Forensic Analysis of Soil

This paper presents forensic soil analysis which refers to the use of soil science and other disciplines such as geology and geochemistry to aid in investigating a criminal act.... The characteristic of the uniqueness of the soil such as horizon that has unique physical and chemical properties, color, structure, and texture are the common features that and in forensic analysis....

6 Pages (1500 words) Assignment