Problem: Write a summary and synopsis on the following topics - 600 words
Financial accounting principles can be used fraudulently. From the strategies used to state assets and liabilities to misrepresent a true depiction of the organization's health, financial statement fraud is committed. You also learn the relationship between such accounting principles and fraud, identifying schemes used to commit financial statement fraud.
o Conceptual Framework for Financial Reporting
o The Sarbanes-Oxley Act of 2002
o Defining Financial Statement Fraud
o Costs of Financial Statement Fraud