Case summary:
In the 1990s, Person DK built a security systems company. His deals were based on handshakes and phone calls. Federal prosecutors determined that he is living a lavish lifestyle. He was first indicated on delinquent unpaid sales tax. He went to prison for falsifying record, abusing corporate loan programs, and conspiracy and he was released in the same year.
Due to this kind of financial scandal, companies started showing interest in forensic accounting. Association of Certified Fraud Examiners (ACFE) stated that
To determine: The ethical issues in the decision to investigate a fraud case.
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Business Essentials (11th Edition)
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