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This is cis360 CLASS, bisiness data analyse,one acl assignment and one excel
Bradmark Comprehensive Case
Fraud Audit Issues—Chapter 12
Questions
To answer these questions requires that you install ACL™ Desktop Edition (full educational version) on
your computer.
To do so follow the instructions on the CD that came with the textbook.
The ACL
Project and ACL files used in the Bradmark case are located in the Bradmark Data Folder on the
website.
Download these files to your computer and click on the
Bradmark 04 ACL
icon. ACL will
automatically open the case.
Based on your analysis of Bradmark’s internal controls and audit tests covered in Assignments 1 and 2,
perform tests that could reveal the existence of fraud in the company.
Design your tests around the
Fraud Tutorials
and the
Fraud Detection Techniques
discussed in the textbook.
Hand in a report
describing the audit tests and your conclusions about the results of the test. To document your findings,
include in your report ACL printouts showing details of test results and the command log.
Describe and perform tests to uncover the following fraud:
General Control Problem -
Because of James Walker’s familiarity with the purchases system,
he was asked by top management to temporarily oversee the initial running of the new system to
ensure a smooth transition from the old legacy system.
After several months, Walker was
offered a promotion to Warehouse Manager and given permanent responsibility for product
purchasing.
This act by management placed Walker in a situation that allowed him to exploit inherent
weaknesses in the system and perpetrate a fraud.
As part of the fraud Walker established himself
as a fictitious vendor number 11663.
The fraud methodology involved using his uncontrolled
access to the system to falsify purchase orders to his phony company and use voided receiving
report numbers to simulate inventory receipts.
These two events trigger the system to create a
voucher payable record.
By submitting vendor an invoice from his fictitious company, Walker
effectively tricks the system into writing him a check.
Semester 1 GPA
Course Code
Course Name
Course Credits
Course Grade
ACCT 2820
0
ACCT 4540
A
BADM 4010
C
FNCE 4050
B+
MGMT 3030
A-
Overall GPA
Credit Points
Earned
Credits to
GPA
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