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ACC 571 Week 10 Assignment 4 Asset Misappropriation and Corporate Governance For this assignment, use the Internet or Strayer databases to research and identify an o rganization that was a victim of asset misappropriation. Write a five to six (5-6) page paper in which you: Based on your research, evaluate the type of asset misappropriations that occurred at t he organization, and assess the factors that contributed to the misappropriation. Give y our opinion on whether poor management or lack of management played a role in the asset misappropriation. Provide support for your rationale. Evaluate the legal mechanisms that could have been used to recover assets through the civil and criminal justice systems. Assess whether the civil and criminal justice syste ms did an effective job in recovering the organization’s assets. Provide support for yo ur rationale. Assess management’s responsibility to share information related to the breach with va rious stakeholder groups, indicating what should be shared and how. Provide support f or your rationale. Review AICPA Statements on Auditing Standard (SAS) No. 99, “ Risk Factors Relati ng to Misstatements Arising from Misappropriation of Assets”, found within the text. Assess SAS 99 risk factors and discuss if the risk factors were prevalent in the organiz ation you researched. Give your opinion on whether or not organizations should imple ment a plan that reviews risk factors on a regular basis to determine if fraud has occurr ed. Explain why or why not. Review the corporate governance plan of the organization you researched, evaluate th e effectiveness of the plan, and make suggestions for improvements to protect the stak eholders. Provide support for your rationale. Recommend a fraud prevention plan for this organization. Determine what positive or negative consequences this fraud prevention plan might have on employees’ morale a nd the public perception of the organization. Use at least four (4) quality resources in this assignment.


Acc 571 week 10 assignment 4 asset misappropriation and corporate governance