a) Tim is an accountant working in a listed company A. He has secretly adjusted the profit and loss statement so that the company appears to be doing well in business. Investors started to question the company’s actual performance. The internal auditors eventually found out that Tim is the one who manipulated the fraud. (i) Suggest and briefly describe ONE (1) potential action that Company A could initiate a lawsuit against the fraud. (ii) Analyze FOUR (4) possible perspectives that could explain the details of action proposed in Question 2 a) (i) above. Your answers could base on the point of view of the company’s business performance, the perspective of investors or the board of directors and so on
a) Tim is an accountant working in a listed company A. He has secretly adjusted the profit and loss
statement so that the company appears to be doing well in business. Investors started to question the
company’s actual performance. The internal auditors eventually found out that Tim is the one who
manipulated the fraud.
(i) Suggest and briefly describe ONE (1) potential action that Company A could initiate a lawsuit
against the fraud.
(ii) Analyze FOUR (4) possible perspectives that could explain the details of action proposed in
Question 2 a) (i) above. Your answers could base on the point of view of the company’s business
performance, the perspective of investors or the board of directors and so on.
b) The case of Daubert v. Merrell Dow Pharmaceuticals establishes an important precedent in the US
judicial system.
(i) Discuss the significance of the case on producing scientific knowledge in court.
(ii) Propose any possible steps where the forensics investigators could take in view of the precedent as
mentioned in Question 2 b).
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