Describe The Rationalizations Used By Mr Pavlo

When CliftonLarsonAllen saw the invoices, they did not see the edits Rita had created. For instance, there was no logo on the invoice, and there were some misspellings. The auditors from the CPA firm did not catch the fraudulent activities Rita engaged

Harris’s responsibility was to provide refunds to patients. After investigating, they noticed that many patients hadn’t received their refunds. The investigator said that over the past years she had embezzled more than $800,000. Harris’s responsibility was to provide refunds to patient’s. Surprisingly,

Another example of faulty validation is when Crundwell created fake invoices from vendors, and no one contacted a vendor for confirmation of these purchases. More red flags include creating handwritten bills, and not having backup documentations. It is explained that processes are very important to accounting, and if the processes are not being followed correctly, then it is a warning sign of fraud. For a person working for the city, an average salary was $80,000 per year.

1A. Duska disagrees with Bowie because he believes that if an employee knows and believes that his employer is doing something they shouldn’t be then he doesn’t have to act loyal to his boss to show that he is actually loyal to his coworkers or company. He should do what is right for the company, which is letting someone know that their boss doesn’t have any integrity and actual loyalty to the company to make it better the proper way it should be. 1B. Duska brings up commercialization of work as businesses only thinking about them and their profits. They don’t care if their employers enjoy the work they are doing, the companies want the money they make to override the employees and exploit the work they do. Duska believes that loyalty is important because it’s what ties an employee to their job and to be able to love what they do.

At his second job, after landing a huge $15,000 sale for the company, he disobeyed his boss's’ order for him not to go pick-up the check and was fired on the spot (Cuban, 2014). It was after these experiences that Cuban decided he wanted to be his own boss. Being someone who doesn’t like taking orders from others could be a threat for Mark in operation of the firm. In the sport’s industry, the performance of the team can correlate directly to ticket and merchandise sales. Not being able to listen to others when it comes to finding talent could be a threat for Mark.

The reading gives the interview of an individual named Robert, a former lawyer, who was arrested for the crime ‘structuring’ and ended up being convicted on ‘conspiracy to defraud the Internal Revenue Service.’ The whole situation started in the handling of money as Robert gives the examples that sometimes his clients needed to borrow money to close on a mortgage or would lend money to him, a couple of these individuals turned out to be his secretary’s cousins who would later do work for. Her cousins lent Robert a large sum of money and to avoid depositing the $10,000 all at once and having to deal with the subsequent requirements of depositing such a large sum, he simply broke up the amount and deposited $9,500 over a period of days to avoid detection. This went on for months, during this time the

The fraud triangle is made up by three distinguished elements. These elements in the fraud triangle consist of pressure, opportunity, and rationalization. The overall representation of the fraud triangle can be seen as the specific model to spot any type of high-risk unethical and fraudulent performances being conducted by a company, in this case Cendant Corporation. Cedant Corporations actions can be analyzed by the fraud triangle by the way that their senior management/top management decisions fell into the three categories of pressure, rationalization, and opportunity. Cendant Corporation had the pressure to comply with their shareholders and to maintain a stable financial status to prove that they were a profitable organization with a bright company image.

Yet, the Madoff Ponzi scheme appears intricately designed, longer withstanding, and executed exclusively by Madoff. Both men lobbied to deregulate the government role in each of their perspective fields and each organization had a lack of transparency in record keeping. Madoff used a single accountant an hour away from New York which he claims was to hide his success method (Frontline, 2009). Enron’s accountants played duplicate roles within the company, creating a conflict, and each organization hired inexperienced employees that would not raise alarms or question workplace functions. The levels of deceit for both cases branched out to involve lawyers, accountants, and other investors.

Acting as a positive person with ethical views in the workplace, she was friendly and liked by her peers, whom had little understanding of her capabilities. Moral disengagement and Machiavellianism are two ideas that represent Grants mindset. Machiavellianism is associated with the unethical way of thinking, describing a person who manipulates and deceives others for personal gain. This theory, named after an old philosopher, promotes a self-interested and opportunistic person, whose actions are justified by the end outcome (Trevino & Nelson 2014) (Sakalaki, Richardson & Thépaut, 2007). In Grants case, her fraudulent act of stealing money was justified with her ability to acquire all the equestrian gear she desired.

James appeared to need coaching at work. He gives the impression to be uninterested and unengaged. Managers had been over heard discussing his lack of organization and discipline at work. James was a very productive and effective employee under a different manger so he could be receptive to coaching. It is very important that the right coaching style be chosen for James.

PART A There is very little one can predict from just the section of case. There was very little to none of her management style revealed. With her years of experience as an associate VP

I think they wanted him to completely change the atmosphere at the workplace and relationships between managers and subordinates. Taking in consideration

Whereas other changes limited the impute of employees that should have been given more control. Hence Herold’s lack of understanding made the employees feel uncertain about their responsibilities and what they were supposed to do to contribute to the growth of the company that lead to the major failure in

To name a few, asset misappropriation, corruption, and financial statement fraud are major categories of crime. It is important to know why top executives and officers commit financial misstatement crime; although, they are at the most respected position in the company and what motivates them to misstate or omit material information from the financial statement. These are the few thoughts that come to one mind when studying about various categories of

In the end, this kind of attitude helps to detect fraud prior to the issuance of a company’s financial statements. After