{"ref":null,"ref_type":"repository","master_branch":"master","description":"Buy here:http://student.land/acct-630-week-4-homework-questions/  Rename your file with your first name, last name, and \"HW4.  Type your answers into this document, rename it, and upload it to the Homework assignment for Week 4.  .\"  Reminder - I do not allow direct quotes in student's work in this class.  You need to paraphrase and cite your outside sources.  \"Outside sources\" do not include the text and so you don't need to cite it.      Questions     1)          The financial statement information for Jim's Junk is included with this assignment in the Jim Junk.xlsx file.[1]  In addition, there is a brief description of Jim's operations at the end of this assignment.  I also include a brief description of the financial ratios used in the case at the end of this assignment.  Identify three patterns in the data that might be symptoms of fraud.   I appreciate that the readings provide limited technical details on what to look for, but this also is a test of what you have retained from your Financial Accounting class.  This relatively realistic assignment provides basic information you would have to work with in practice.  Keep in mind that this is a homework assignment and I will not be grading it harshly.  I do understand that student's financial statement analysis skills may vary significantly and am trying to determine what you can reason out based on a basic understanding of financial statements.  The explanations of the financial statement information I have include should help you with the task.  For each of your possible fraud symptoms, be sure to explain why you believe it might be a fraud symptom by describing a specific fraudulent activity that could be causing the pattern.  If appropriate, you should also support your selections with relevant data from the background description of the firm.  Also, don't limit yourself to just individual account balance issues but also look for changes in normal relationships between accounts.  Since ratios track relationships between accounts, they are a good place to look for these sorts of issues. ","pusher_type":"user"}
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