Fraud Project Report Our classroom includes access information to the recent publications of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The COSO Framework for Interna

Fraud Project Report

Our classroom includes access information to the recent publications of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The COSO Framework for Internal Control is the most recent guidance helpful to organizational leaders seeking to develop and implement good systems of internal control.

Access information is available from the Content area within our classroom. It might be necessary to copy and paste the URL address provided into your Internet access system (for example, Safari, Chrome, or Internet Explorer). The necessary access code and password are provided.

For this assignment, select oneComponent of Internal Control discussed in the framework:

• Control Environment
• Risk Assessment
• Control Activities
• Information and Communication
• Monitoring Activities

Discuss the implications of the selected component or control area. How does this relate to the types of fraud you have studied during the course, like larceny? How do the controls you selected build a better culture in an organization? You might refer to a case you presented during the class and how the issues from that case might have been avoided, if this component of internal control had been applied effectively.

a) When you select one of the components from the internal control framework, you are not necessarily stating your view that one isbest compared to the others, since each has a unique role in the whole.

b) Toward the end of your discussion of the component you considered, comment on how that component interacts with or supports other components in making up the whole. That is the point of this ending.

This Report unites the various sources and information you have collected during the course. The Report, including a reference list, is to generally comply with the American Psychological Association (APA) style rules. Times New Roman font is standard for APA formatting. As noted elsewhere, the Report should be single-spaced with a blank line between paragraphs.Completed Reports are to be posted to the Project Report Assignments folder.

A successful Report should not require more than two pages in most instances. This should be an opportunity to look back on the course and see how organizational risk, risk management, and systems of internal control come together to deter fraud.

Submit only your work in our class - do not risk policy violations

Please be aware of the UMUC policyhttp://www.umuc.edu/policies/academicpolicies/aa15025.cfm It is important that all submissions in our class be completed by you, in your own words. Do not risk the fact or appearance of academic dishonesty. Please email me if you have any concerns on this issue. The goal is for you to complete the HW, postings, quizzes, exams, and submissions for this course including reports, power point files, andprojects, in your own words to show your mastery of topics and concepts for our course.

All deliverables in our class should be single spaced with double spacing between paragraphs, written in your own words.Save your document with your name in the file name and upload your submission in LEO as required.