Please respond to the following:
– From the e-Activity, support or critique the idea that the Committee of Sponsoring Organization of the Tread way Commission (COSO) transition would strengthen internal controls over financial reporting in publicly traded companies. Provide a rationale to support your response.
– From the case study, determine the fundamental control deficiencies associated with the credit function. Next, propose at least one (1) control improvement that the credit department management could make in the process. Provide a rationale to support your response. [250 words][1 – 2 references]
2- Detecting Accounting Fraud
– From the Other Preparation, analyze the key methods used to detect fraud. Based on your analysis, propose at least two (2) initiatives that you would implement at your chosen company in order to prevent or detect fraud. Post your response in the blog in Blackboard.[150 words]