"Fraud"

Respond to the following:
From the e-Activity, determine the main reasons why several members of top management in Phar-Mor perpetrated the
financial statement fraud. Next, recommend one (1) strategy that the auditors might have taken fo detect or prevent the
fraud. Provide a rationale to support your recommendation.
+From the case study, analyze the financial data as presented. Next, choose at least one (1) pattern within the data that
appears to be inconsistent, and propose one (1) strategy that one could use to audit this pattern. Provide a rationale to
support your response.

Sample Solution