WEEK 9- DISCUSSION

QUESTION 1:Are the suggestions in the pdf document different than other accounting organizations such as the Association of Certified Fraud Examiners or the AICPA? As indicated in the pdf document, the recommendations are not significantly different from those of other accounting organizations such as the Association of Certified Fraud Examiners or the American Institute of Certified Public Accountants. While the pdf document does not provide specific guidance on how to investigate fraud and misconduct allegations, it provides a more detailed overview of how it can be done. QUESTION 2:What did you learn from this article? A successful investigation requires investigators to be meticulous, thorough, dedicated, and hardworking. It is always beneficial to be organized, communicate clearly, and be ready for anything when it comes to law enforcement or financial investigations. During the course of investigating allegations of fraud and misconduct, it is imperative to have a plan. The danger of getting sidetracked and missing important evidence is high without a plan. To ensure that a systematic and efficient investigation is conducted, an investigation plan ensures that all relevant evidence is collected. QUESTION 3:Since law enforcement personnel are responsible for prosecuting crime, do you think following their guidance is the responsible approach? I think following the guidance of law enforcement personnel is the responsible approach because they are the ones who will be prosecuting the crime. They have the experience and expertise to know what evidence is needed to prove a case beyond a reasonable doubt. An investigation's policies and processes should incorporate law enforcement guidelines as well as auditing and financial accounting standards. Information and evidence collected during investigations into fraud and misconduct are similar to those required during investigations into allegations. It is recommended to conduct preliminary investigations before interviewing suspects or individuals in both accounting and auditing guidelines and law enforcement guidelines. A detailed and unbiased investigation will be easier to conduct in this way. A supported theory about an investigation can be developed based on these evidences. To fill in any gaps in the evidence, interviews should also be conducted in addition to confirming suspicions. It is also imperative to maintain clarity and understanding of all the important details and factors in a case and to be able to provide necessary documentation quickly if the case ends up in court. Law enforcement and financial fraud investigations both require a high degree of organization