You are an associate at ABC LLP, a forensic accounting firm. Your company is retained by...

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Accounting

You are an associate at ABC LLP, a forensic accounting firm.Your company is retained by the Law Firm that is representing aclient. The client, the former CFO of the Public Company, is beinginvestigated by the SEC and FBI for running a large accountingfraud scheme and funneling money to his own account after allegedlyfalsely invoicing sales during 2013 and 2014. The Auditing Firm,which was recently terminated, audited the Public Company andissued opinion letters in connection with the Public Company’s 2013and 2014 annual reports.
You are just getting up to speed on the case, but the ABCPartner asked for you to help analyze the issue in connection withthe Law Firm.
Assume that you received a large data file reflecting invoicesand purchase orders identified by date. Assume that the CFOprovided to you, through his/her attorney, a large data fileconcerning the CFO’s own monetary transactions, which are listed bydate.
1. Generate a step-by-step guide concerning how you would goabout analyzing this information. (In other words, explain how youwould transition from raw data to an analysis through forensicaccounting techniques). 10 points
2. More specifically, assume that you would analyze thisinformation using Excel: identify the formulas and methods youwould use to analyze the data. 10 points

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1 Generate a stepbystep guide concerning how you would go about analyzing this information In other words explain how you would transition from raw data to an analysis through forensic accounting techniques We need to use the direct forensic accounting method since we have already received all invoices and purchase order I will follow the below step by step approach for analyzing this information 1 Thoroughly check the authenticity of the documents shared by CFO 2 Cross check the See Answer

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You are an associate at ABC LLP, a forensic accounting firm.Your company is retained by the Law Firm that is representing aclient. The client, the former CFO of the Public Company, is beinginvestigated by the SEC and FBI for running a large accountingfraud scheme and funneling money to his own account after allegedlyfalsely invoicing sales during 2013 and 2014. The Auditing Firm,which was recently terminated, audited the Public Company andissued opinion letters in connection with the Public Company’s 2013and 2014 annual reports.You are just getting up to speed on the case, but the ABCPartner asked for you to help analyze the issue in connection withthe Law Firm.Assume that you received a large data file reflecting invoicesand purchase orders identified by date. Assume that the CFOprovided to you, through his/her attorney, a large data fileconcerning the CFO’s own monetary transactions, which are listed bydate.1. Generate a step-by-step guide concerning how you would goabout analyzing this information. (In other words, explain how youwould transition from raw data to an analysis through forensicaccounting techniques). 10 points2. More specifically, assume that you would analyze thisinformation using Excel: identify the formulas and methods youwould use to analyze the data. 10 points