Fraud Awareness Term Paper

PAGES
1
WORDS
308
Cite

Fraud Awareness

Scholarship Request

As a student entering my senior year of accounting studies, I have found that my interests and natural tendencies lie in the field of fraud awareness and prevention. It is my goal to work in fraud prevention once I graduate. With Enron, WorldCom, Adelphia and Tyco all names in common use on the daily news, I feel that being aware of and specializing in fraud prevention is extremely important. And it is unfortunate that fraud is not only involved with these big name companies. Some of the nation's largest accounting firms have come under investigation by the Securities and Exchange Commission for their roles in Enron and other accounting scandals. Companies like Arthur Andersen and Price Waterhouse Cooper have come under indictment for conspiring with companies to defraud investors. And the resulting billion dollar bankruptcies have a significant impact on the nation's economy.

I feel that a concentration on fraud awareness associated with my accountancy degree would make me uniquely qualified to discover and deal with what has come to be an all too prevalent problem in the United States and abroad. My general degree in accounting helps me to understand that not only publicly traded companies have problems with fraudulent activities. My well-rounded accounting base will make me desirable for hire in both the public and private sector.

Lastly, I think that I can be of use working against fraud. I understand that fraud is not a victimless crime - that investors and creditors are the real victims. It is my hope to continue my studies and to work in fraud awareness in order to protect victims who may have little to no understanding of the crimes committed against them. Please consider me favorably for this scholarship, as I feel I can bring my knowledge, enthusiasm and perseverance to this field of accounting.

Cite this Document:

"Fraud Awareness" (2004, April 07) Retrieved April 25, 2024, from
https://www.paperdue.com/essay/fraud-awareness-168025

"Fraud Awareness" 07 April 2004. Web.25 April. 2024. <
https://www.paperdue.com/essay/fraud-awareness-168025>

"Fraud Awareness", 07 April 2004, Accessed.25 April. 2024,
https://www.paperdue.com/essay/fraud-awareness-168025

Related Documents
Fraud Techniques
PAGES 3 WORDS 966

Fraud Techniques In the modern society, many organizations across various industries are increasingly vulnerable to electronic fraud. The threat of electronic fraud across these industries is particularly worsened with the emergence of computer fraud. Actually, computer fraud and crime has continued to be a major concern in the recent past since computer processing can evade the conventional security and control measures. However, computer fraud doesn't necessarily involve the use of micro-computers

Fraud, IT's Better to Be
PAGES 2 WORDS 628

The other two cases looked at errors that were made deliberately by subsidiary management and, in both cases, were both quantitatively and qualitatively material. Due to the fact that most fraud starts at the bottom, is it very important for executives to always be looking for things that do not appear to be right. Fiscal honesty is crucial in financial markets. It is essential that management quickly resolve any monetary

Juvenile Delinquency and Fraud in Australia1: The Media's Portrayal of Young People and Juvenile CrimeIntroduction and FocusThe media plays a pivotal role in shaping societal perceptions of crime, including those involving juveniles. The portrayal of young people in the context of crime can impact societal attitudes, legislative decisions, and even the self-identity of young individuals. This essay critically evaluates the depiction of young people and juvenile crime in the Australian

Fraud In Local Government
PAGES 4 WORDS 1020

Introduction Fraud in local government is a serious and pervasive issue that can undermine public trust, waste taxpayer funds, and damage the integrity of public institutions. This illicit activity can take various forms, ranging from embezzlement and kickbacks to bribery and conflicts of interest. Local governments are particularly vulnerable to fraud due to a combination of factors, including: Limited resources: Local governments often operate with tight budgets and limited staff, making it difficult

Internet Fraud
PAGES 12 WORDS 4362

Internet Fraud The slashing of prices of Home PCs and explosive growth of internet has increased the number of net users over the years. The keenness to exploit the advanced features of internet to utilize in the field of education, entertainment, communication, business, scientific research increased to a great extent. The wiping out of the geographical barriers is the greatest advantage that is provided by the internet which impels the net

Insurance Fraud
PAGES 35 WORDS 11287

Insurance Fraud After tax evasion, insurance fraud is considered the highest-ranked among white-collar crimes. The original concept of insurance, as a for-profit endeavor, was to collect funds from a large number of people to pay for damages and accidents that involved a small percentage of the population that paid premiums. Insurance fraud is an ever-growing problem. Solving or eliminating this problem requires the resources and knowledge of individuals or associations with