Overview
Journal assignments in this course are private between you and the instructor. A course journal in is generally made up of multiple individual assignments.
The Fraud Prevention and Detection in an Automated World document discusses various types of fraud and ways to detect and prevent fraud using data analysis techniques. In this assignment, you will research a specific fraud scheme and discuss how data analysis tools were used to find the fraud.
Prompt
For this journal assignment, you will review the various fraud schemes on page 10 of the fraud prevention document. Then, find a news article that discusses one of these fraud schemes found in an organization within the past two years. Describe the fraud and the actual or potential tests used to find the fraud.
Specifically, the following critical elements must be addressed:
- Identify a current news article that reports on a recent fraud scheme.
- Examine a fraud scheme found in an organization.
- Describe the various data analysis tools or tests used to find the fraud.
- Explore ways to prevent the fraud.
What to Submit
Submit assignment as a 2- to 3-paragraph Word document with double spacing, 12-point Times New Roman font, one-inch margins, and any sources cited in APA format.
Module Four Journal Rubric
| Criteria | Exemplary (100%) | Proficient (90%) | Needs Improvement (70%) | Not Evident (0%) | Value |
|---|---|---|---|---|---|
| News Article | Meets "Proficient" criteria and provides exceptional detail in identifying a current news article that reports on a recent fraud scheme | Identifies a current news article that reports on a recent fraud scheme | Identifies a current news article that reports on a recent fraud scheme, but explanation is unclear and does not provide details | Does not identify a current news article that reports on a recent fraud scheme | 23 |
| Fraud Scheme | Meets "Proficient" criteria and provides exceptional detail in examining a fraud scheme used by an organization | Examines a fraud scheme used by an organization | Examines a fraud scheme used by an organization, but examination does not provide details | Does not examine a fraud scheme used by an organization | 23 |
| Tools/Tests | Meets "Proficient" criteria and provides exceptional detail in describing the various data analysis tools or tests used to find the fraud | Describes the various data analysis tools or tests used to find the fraud | Describes the various data analysis tools or tests used to find the fraud, but description is vague or unclear | Does not describe the various data analysis tools or tests used to find the fraud | 22 |
| Prevention | Meets "Proficient" criteria and provides exceptional detail in exploring ways to prevent the fraud | Explores ways to prevent the fraud | Explores ways to prevent the fraud, but explanation lacks specific details | Does not explore ways to prevent the fraud | 22 |
| Articulation of Response | Journal assignment is free of errors in organization and grammar | Journal assignment is mostly free of errors of organization and grammar; existing errors are marginal and rarely interrupt the flow | Journal assignment contains errors of organization and grammar, but errors are limited enough so that assignment can be understood | Journal assignment contains errors of organization and grammar that make the assignment difficult to understand | 10 |
| Total: | 100% |