Maxwell and Company, a local accounting firm, discovers that one of its employees has embezzled funds from a client. This case requires you to examine the components of the fraud triangle and apply them to the facts of the case. The case emphasizes the importance of quality control at accounting firms and internal controls at small companies. In addition, the case provides you with an opportunity to analyze the responsibilities of accountants, accounting firms, and accounting students.
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Research Article| May 01 2008
Maxwell and Company: Staff Auditor Embezzlement at a Small Client
Constance A. McKnight;
Tracy S. Manly;
Online Issn: 1558-7983
Print Issn: 0739-3172
American Accounting Association
Issues in Accounting Education (2008) 23 (2): 291–297.
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Constance A. McKnight, Tracy S. Manly, Pamela S. Carr; Maxwell and Company: Staff Auditor Embezzlement at a Small Client. Issues in Accounting Education 1 May 2008; 23 (2): 291–297. https://doi.org/10.2308/iace.2008.23.2.291
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