SOLUTION: BSU Corporate Governance and IT in Fraud Prevention and Detection Discussion Ques

Attached. Please let me know if you have any questions or need revisions.Fraud in BusinessStudent’s NameInstitutional AffiliationCourseProfessor’s NameDateFraud in BusinessWhat type of external resource(s) would you recommend be established as soon as possibleFraud is not totally prevented, but any company must have strategies to prevent or stopfraud activities that people might be involved in either for personal gains. Therefore whencompany managers or entrepreneurs acknowledge and detect that fraud might occur or is alreadyoccurring. They prioritize the copy or shift attention to only those strategies to detect the scamand handle it as early as possible. As soon as a company detects fraud, hiring experiencedexternal auditors will be the primary solution to seeing and managing suspected fraud.Hiring external auditors is recommended for this private company now that all theattention is only to control the fraud that is affecting the company. Auditors are responsible forensuring transparency in managing finances in a company without theft (Halbouni et al., 2016).They obtain a reasonable assurance that all the data on financial statements are genuine to reflectthe actual amounts. External auditors are responsible for ensuring that all the financialinformation is free from misstatements. If there is any, they should not be due to fraud but maybe caused by the error.Advancing technology is another way that can be used to detect fraud. Fraud can besuccessful due to the technology system’s failure; therefore, growing in technology by eitherpurchasing new machines or replacing the old ones with new appliances. That is reliable isanother more straightforward way of detecting and controlling fraud in a company. Marketingbrochures are materials used by a company to help in marketing. They can be used anywherebecause they are flexible and easy to design but are always reliable.Some important information may be included in the marketing brochures that areimportant and necessary for preventing fraud. Information about the assurance on the protectionof whistle-blower whenever there is fraud is essential. The rights of the accused and the tips to beaccepted or rejected should be included in the marketing brochure to control copy, which isdangerous for a private company like Bob’s father.What steps would you start investigating this suspected fraud before interviewing eitherBob or any family member?To investigate fraud, one has to be patient, therefore not taking actions that may haveconsequences. The first step to investig…

15 Million Students Helped!

Sign up to view the full answer

Order a unique copy of this paper
(550 words)

Approximate price: $22

Our Basic features
  • Free title page and bibliography
  • Plagiarism-free guarantee
  • Unlimited revisions
  • Money-back guarantee
  • 24/7 support
Our Options
  • Writer’s samples
  • Expert Proofreading
  • Overnight delivery
  • Part-by-part delivery
  • Copies of used sources
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

AcademicWritingCompany guarantees

Our customer is the center of what we do and thus we offer 100% original essays..
By ordering our essays, you are guaranteed the best quality through our qualified experts.All your information and everything that you do on our website is kept completely confidential.

Money-back guarantee

Academicwritingcompany.com always strives to give you the best of its services. As a custom essay writing service, we are 100% sure of our services. That is why we ensure that our guarantee of money-back stands, always

Read more

Zero-plagiarism tolerance guarantee

The paper that you order at academicwritingcompany.com is 100% original. We ensure that regardless of the position you are, be it with urgent deadlines or hard essays, we give you a paper that is free of plagiarism. We even check our orders with the most advanced anti-plagiarism software in the industry.

Read more

Free-revision guarantee

The Academicwritingcompany.com thrives on excellence and thus we help ensure the Customer’s total satisfaction with the completed Order.To do so, we provide a Free Revision policy as a courtesy service. To receive free revision the Academic writing Company requires that the you provide the request within Fifteen (14) days since the completion date and within a period of thirty (30) days for dissertations and research papers.

Read more

Privacy and Security policy

With Academicwritingcompan.com, your privacy is the most important aspect. First, the academic writing company will never resell your personal information, which include credit cards, to any third party. Not even your lecturer on institution will know that you bought an essay from our academic writing company.

Read more

Adherence to requirements guarantee

The academic writing company writers know that following essay instructions is the most important part of academic writing. The expert writers will, therefore, work extra hard to ensure that they cooperate with all the requirements without fail. We also count on you to help us provide a better academic paper.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2020 at 10:52 AM
Total price:
$26
The price is based on these factors:
Customer Academic level
Number of pages required
Urgency of paper