Scenario
You have recently been hired in the fraud examination division of Leading Numbers, an accounting firm. The firm is conducting a training event for all new staff members in this division. Your supervisor has asked each staff member to research a regulatory requirement, such as the Foreign Corrupt Practices Act (FCPA) or Sarbanes-Oxley (SOX), which could be relevant in a fraud examination. You are tasked with preparing a short paper identifying a regulatory entity and associated regulation that could impact a fraud examination engagement.
The skills practiced in this short paper will help to support you in your project.
Directions
Use the module resources to select a regulatory entity and write a short paper that describes regulatory requirements within a fraud examination engagement.
Specifically, you must address the following rubric criteria:
- Describe a regulatory entity relevant to a fraud examination.
- Explain the reporting requirements for the selected regulatory entity.
- Analyze the importance of the selected entity’s guidelines and regulations in examining fraud.
- Summarize implications for compliance with the selected entity’s requirements.
What to Submit
Submit your short paper as a 3- to 4-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.