Overview
Keystone Assignment: Fraud Analysis and Internal Controls
Course Outcome:
Reinforce information literacy by using database queries and systems controls to evaluate operations and detect fraud.
Student Outcome:
Demonstrate the ability to identify fraud and implement internal controls within information systems.
Scenario:
You are reviewing the behavior of a purchasing agent at a large manufacturing firm. This agent consistently directs a large number of purchase orders to a supply company owned by his uncle. The prices charged by this supplier are above market rate, and the company is unaware of their relationship.
Assignment Questions:
- What type of fraud is being committed in this scenario?
- What internal controls could be implemented to detect or prevent this type of fraud?
Submission Requirements:
- Provide a written response clearly identifying the fraud type and appropriate control measures.
- Support your analysis using at least five credible references (minimum three required for passing).
- Use APA 7th edition format for citations.
- 📥 Submit through the course LMS (no email submissions).
- 📄 Word count: 500–750 words
Grading Rubric (Total: 100 Points)
- Fraud Identification (30 pts): Clearly and accurately identify the fraud
- Control Implementation (30 pts): Recommend relevant, practical system controls
- Use of Sources (40 pts): Support your work with 5+ references from academic or professional sources