Term 4 unit 2 discussions (2)


Term 4 Unit 2 Discussions

Unit 2 Discussion Board (ACC325 Forensic Accounting)

Cary and Elle Bronson had been married for 15 years when trouble arose in their marriage. Cary’s long hours of working had taken a toll on it; he was rarely around even for family functions. The last straw came when Elle found lipstick on the collar of Cary’s shirt and the unmistakable scent of a very expensive woman’s perfume; this wasn’t the first time she had noticed the telltale signs of what appeared to be a clandestine affair. The next day, Elle visited an attorney to begin divorce proceedings. After some small talk, the attorney, Mark Smithson, asked Elle about the major assets accumulated during the marriage.

“Oh, there are the cars—a Jeep Cherokee, a Chevy Suburban, and a Bentley,” she answered.

“A Bentley?” he queried, somewhat surprised.

“Yes,” said Elle. “Our restaurant, The Roasted Duck, has done very well over the years.

We began the business with almost nothing and both worked there until Karen, our second child, was born. At that point, I became a stay-at-home mom and left every¬thing to Cary.”

“I’ve eaten at The Roasted Duck—the food is excellent,” Mark said.

“Thank you,” replied Elle.

“Is this the only source of income for you and your husband, Mrs. Bronson?” he asked.

“Yes, other than some interest and dividends,” she answered.

She and the lawyer discussed other matters pertaining to the divorce. He told Elle that he would obtain information from Cary’s attorney so that an equitable division of assets could occur and the issue of the custody of their children would be settled.
Two weeks later, Elle received a call from Mark. Through the discovery process, Cary’s attorney had submitted a valuation of the restaurant that seemed unusually low and had not listed any other assets that could account for the house and vehicles that the Bron¬sons had acquired and the private education that they had provided for their children.

“That can’t be right!” Elle exclaimed.

“Well, it certainly doesn’t look right,” Mark said, “I’ll look into this some more and let you know what I find.”

After he hung up the phone, Mark called Cary’s attorney. “This value placed on the restaurant doesn’t make any sense. What’s your take on this?”

After a short pause, the attorney replied, “Cary told me that the restaurant business is not doing well and, thus, the value has declined.”

After Mark hung up the phone, he pondered the situation: There must be an answer to this mystery. One thing’s for sure; if Cary isn’t telling the truth, he might as well change the name of his restaurant to The Cooked Goose.

What evidence (i.e., physical, documentary, and observational) could be collected to determine whether the valuation is correct? How could you go about collecting this evidence?

Assume for a moment that the valuation is correct. What other sources of money could Cary have to maintain his family’s lifestyle? How would you test your theories?

Unit 2 DB: Personal Fraud (ACC430 Accounting Information Systems)

For the discussion board 2, discuss a personal fraud that you are familiar with.  Establish a thread for the fraud brought up and then discuss it.  Let’s get three or four personal frauds established and then we can discuss them. This is the only discussion board in this course where you do not need to create your own initial thread in order to view other threads in the discussion board.

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Quality Essay Help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.


Essay Writing Services

At Quality Essay Help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.


Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.


Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.


Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.