...-world fraud from the perspective of an employee, manager, or executive (a “case participant”) involved in the accounting impropriety. The case features individual and group components that may be customized to fit the instructor’s needs. The individual component examines a case participant’s choices...

...., has received a request from the SEC for the audit workpapers of one of their Chinese clients, Great Lead Software. If Loxon complies with the SEC, it may violate Chinese State Secrecy Laws. After revelations of fraud by Great Lead Software surface, Loxon’s decision regarding the workpapers becomes...

...Jared Eutsler; Lauren Eutsler; L. Tyler Williams ABSTRACT Fraud cases used in accounting often focus on financial statement frauds affecting large businesses—while asset misappropriation frauds and those affecting governments, nonprofits, and educational organizations receive less attention...

... choosing financial statement reviews rather than audits, increased the executive director's opportunities to commit fraud. Robert R. Picard, Idaho State University, Accounting Department, Pocatello, ID, USA; Marcus Burger, The University of North Carolina at Pembroke, Thomas School of Business, Pembroke...

...Megan F. Hess ABSTRACT This case introduces students to the concept of the “dark triad,” a combination of Machiavellianism, narcissism, and psychopathic personality traits that have been associated with people who commit fraud. Students learn about this personality disorder by studying the events...

...Lawrence Chui; Diane M. Matson ABSTRACT This case is based on actual fraud at a not-for-profit organization. In this case, students assume the role of a volunteer forensic investigator who assists the local police department to investigate the possible embezzlement case for a recreation...

... funds to occur in the United States. Perpetrated by a school superintendent and his conspirators, initial evidence of the cash fraud was discovered two years prior to a formal investigation; however, a series of cover-ups by board of education members along with substandard audit work allowed...

...Constance M. Lehmann; Cynthia D. Heagy ABSTRACT This case is based on a series of actual events in a local homeowners' association (HOA). Instructors teaching fraud detection in their courses often use historical cases in which the “answer” to whether fraud has been committed is known. This case...

...Sara M. Kern; Gary J Weber ABSTRACT The Justice for Fraud Victims Project class is an innovative program developed at Gonzaga University as a partnership between the university, local law enforcement, local and federal prosecutors, and the local chapter of the Association of Certified Fraud...

...Leisa L. Marshall; James Cali ABSTRACT This case focuses on fraudulent financial reporting as related to the tone at the top, primarily the chief operating officer, Carole Argo, of SafeNet, Inc. (SafeNet). This case provides students a real-world example by which to apply basic fraud concepts...

... or nonreporting of material misstatements including fraud that may adversely affect shareholders—and the firm's reputation in the long run. The increased legal liability may be substantially reduced by hiring an “outside” expert engagement quality reviewer for certain publicly held clients ( PCAOB 2009...

...Veena L. Brown; Brian E. Daugherty; Julie S. Persellin ABSTRACT This case provides students a unique opportunity to examine and reflect on the challenges of auditing in today's global environment. Students examine a real-world billion dollar plus embezzlement and fraud at Satyam Corporation...

...Jeffrey E. Michelman; Victoria Gorman; Gregory M. Trompeter ABSTRACT The case chronicles a newly promoted manager's search to uncover an inventory fraud that had been perpetrated by her supervisor at CIT, a publicly held company. During the ensuing investigation, CIT and the Florida Department...

...Brian Daugherty; Daniel G. Neely ABSTRACT This instructional case provides auditing students an opportunity to examine an interesting real-life embezzlement and financial statement fraud occurring at a publicly traded company in the post-Sarbanes-Oxley (SOX) era. The case focuses on independent...