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Essay

ZZZZ Best

Essay specific features

 

Issue:

Business

 

Written by:

Michael H

 

Date added:

March 13, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2631

 

Was viewed:

9591 times

 

Rating of current essay:

 
Essay content:

He forged credit card applications, staged theft, used bogus financial statements, and used his networking skills to entice wealthy investors. The most serious fraud he made was inflating the value of the company’s insurance restoration contracts (Knapp, 2006). Inflated Insurance Restoration Contract Minkow created two property management companies, the Interstate Appraisal Service and Assured Property Management...
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He also hired a well-known insurance agent, Tom Padgett, to be the principal officer of Interstate Appraisal Service and used these two companies to generate paper profit. The falsified paper profit accounted for almost 90% of ZZZZ Best’s revenue. Deception of Auditors: 1. False confirmations Since most of revenue came from insurance restoration contracts, George Greenspan, the first auditor of ZZZZ Best, contacted Tom Padgett to confirm the existence of the insurance restoration contracts...
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General issues of this essay:
Bowsher v. Senar, 1986 Accountants and Auditors Ernst and Young Case - Retaining Women in the workplace ernst and youngs case analysis Financials Ratios are Misleading and Have Many Limitations ZZZZ BEST ZZZZ Best Case Dismissed - "A Jury of Her Peers" Zzzz zzzz Abu Nasr as-Sarraj and Ernst's take on Spirituality The misleading appearance: Mirage Restricting On Misleading Advertisements Zzzz
 

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