Overview
Milestone One of the final project provides an overview of the potential fraud scheme present in the case study chosen for your final project. This assignment marks the starting point in the forensic investigation by placing emphasis on the planning stages of the engagement and the beginning stages of the collection of evidence.
Prompt
Review the case studies in Chapter 11 of Data Analytics for Auditing Using ACL. There are four case studies you may choose from for your final project. For this assignment, you will submit the Background section (Section I) of your final project.
Specifically, the following critical elements must be addressed:
- Background
- What type of fraud could be possible in the case study? What led you to your determination?
- What approach would you use to begin a risk assessment of the situation? Why?
- How might IT relate to the commission of frauds? How might IT relate to the specific fraud in this case?
- How can reliable data be collected using online resources?
- What are appropriate ways to collect data that will result in admissible evidence? Be sure to provide a thorough description of how data is collected and what ensures it is considered admissible evidence.
- What are appropriate ways to collect data while maintaining professionalism and integrity? Support your response.
- What types of software are available to assist in analyzing large amounts of data, and how can they be implemented? How will the software assist in analyzing large amounts of data?
What to Submit
Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least two sources cited in APA format.
Milestone One Rubric
| Criteria | Proficient (100%) | Needs Improvement (80%) | Not Evident (0%) | Value |
|---|---|---|---|---|
| Background: Fraud | Determines the type of fraud that could be possible in the case study and explains what led to this determination | Determines the type of fraud that could be possible in the case study but does not explain what led to this determination, or determination is cursory or contains inaccuracies | Does not determine the type of fraud that could be possible in the case study | 12 |
| Background: Risk Assessment | Explains the approach to be used to begin a risk assessment of the situation and why | Explains the approach to be used to begin a risk assessment of the situation, but does not explain why, or explanation is cursory or illogical | Does not explain the approach to be used to begin a risk assessment of the situation | 13 |
| Background: IT Relate | Discusses how IT might relate to the commission of frauds and the specific fraud in this case | Discusses how IT might relate to the commission of frauds, but does not discuss how IT might relate to the specific fraud in this case, or discussion is cursory or contains inaccuracies | Does not discuss how IT might relate to the commission of frauds | 13 |
| Background: Online Resources | Explains how reliable data can be collected using online resources | Explains how reliable data can be collected using online resources, but explanation is cursory or contains inaccuracies | Does not explain how reliable data can be collected using online resources | 13 |
| Background: Admissible Evidence | Determines appropriate ways to collect data that would result in admissible evidence and provides a thorough description of how data is collected and what ensures it is considered admissible evidence | Determines appropriate ways to collect data that would result in admissible evidence, but does not provide a thorough description of how data is collected and/or what ensures it is considered admissible evidence | Does not determine appropriate ways to collect data that would result in admissible evidence | 13 |
| Background: Professionalism and Integrity | Determines appropriate ways to collect data that would maintain professionalism and integrity and supports response | Determines appropriate ways to collect data that would maintain professionalism and integrity, but determination is cursory or contains inaccuracies or does not support response | Does not determine ways to collect data that would maintain professionalism and integrity | 13 |
| Background: Analyzing Data | Determines types of software available to assist in analyzing large amounts of data, discussing how it will assist and how it could be implemented | Determines types of software available to assist in analyzing large amounts of data, but does not discuss how it will assist or how it could be implemented | Does not determine types of software to assist in analyzing large amounts of data | 13 |
| Articulation of Response | Submission has no major errors related to citations, grammar, spelling, syntax, or organization | Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas | Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas | 10 |
| Total: | 100% |