Homework: Financial Recommendation
Develop a recommendation for a given company to reduce financial fraud exposure through examination of risk mitigation strategies and applications.
Overview
For this homework, you will select a different company than in the prior homework. You will create a financial risk mitigation plan to reduce overall costs and increase efficiency in operations for your selected company. Your strategy is to apply best practices for mitigating financial risk and fraud exposure in the company's operations. You will conduct research to identify?industry?best practices for risk mitigation to?reduce financial fraud exposure and then integrate the relevant best practices?into the risk mitigation plan as?appropriate for the company.?Your findings and recommended strategies would be presented as a financial risk mitigation plan for your selected company.
Instructions
Write 5 to 6 pages paper in which you:
o Describe a selected a company, its operations, and its associated industry and evaluate these areas to develop a financial risk mitigation plan.
o Evaluate at least three types of financial fraud common to the selected company and its associated industry supported with a detailed description of each type of financial fraud and how it can occur.
o Recommend at least two proposed strategies for mitigating financial risk and fraud exposure based upon financial methods, auditing techniques, and industry best practices used to mitigate financial risk.
o Provide at least four reliable, relevant, peer-reviewed references, published within the last five years that support the paper's claims.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.