Peter Gunn, Forensic Accountant

Peter Gunn, Forensic Accountant - Boris Bernstein 20252771...

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Boris Bernstein November 23, 2009 20252771 Peter Gunn, Forensic Accountant Issues: Tendering process can be unfair, giving one contractor more work than to others, when his bid is not necessarily the lowest. Bob does not have any mortgages on his 3 houses, which were purchased within a short period of time in cash; Bob is not a highly paid employee. Potential fraud taking place by Bob, who has been working for Richmond for a long time – the fraud could have been going on for a long time. Richmond is a large client for KMB – 7.5% of the total billings of the firm; 50% of the billings of the audit partner. Risk of the firm being sued by Richmond for not finding the fraud evidence during their audit. Peter needs to consider the implication of his possible courses of action in this situation: 1. Based on the fact that KMB was hired by Richmond to conduct a review of the purchasing procurement area, they are required to disclose any red flags and potential fraud evidence to Richmond. 2.
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Peter Gunn, Forensic Accountant - Boris Bernstein 20252771...

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