Mental State Assessment Appearance & behaviour Appearance Motor behaviour Attitude to situation

Instructions SOUTHEASTERN FEDERAL SAVINGS & LOANS Background This case study presents a

Instructions

SOUTHEASTERN FEDERAL SAVINGS & LOANS

Background

This case study presents a fraud perpetrated by a mortgage counselor at a branch office of Southeastern Federal Savings & Loans (Southeastern) that resulted in Southeastern losing $110,000 in cash outright and $93,149 in staff time investigating the fraud. The senior management of Southeastern, the FBI, and the firm’s attorneys incurred additional costs.

This fraud occurred because established policies and procedures were not followed and that additional controls needed to be implemented.

Description of the Fraud and the Parties

Jane Davenport, the perpetrator of the fraud, was initially hired as a teller, became a savings counselor, and lastly, a mortgage counselor.  In her five years of employment at Southeastern, fellow employees and customers trusted her.  Ms. Davenport violated their trust by stealing from customers’ accounts. Ms. Davenport started the fraud when she took money from an older couple’s two accounts by forging signatures on withdrawal slips. She repaid the money to the accounts by taking money from other customers’ accounts in a classic lapping scheme.

The following year, Ms. Davenport targeted a customer, Ms. Sampson, who had seventeen accounts with Southeastern.  Ms. Sampson was a very busy lady, her accounts were very disorganized, and her signature varied considerably.  Ms. Davenport and Ms. Sampson developed a trusting relationship.  For instance, Ms. Sampson would leave signed blank withdrawal tickets and/or call Ms. Davenport in order to transfer money among accounts. Based on this trust, Ms. Davenport closed out three certificates of deposits, taking penalties on two of them and placing the money into her personal account.  Ms. Sampson had two checking accounts with substantial activity and transferred much money between them.  Ms. Sampson made second mortgages to people and earned an excellent return on her loans.  Ms. Davenport processed a change of address for the checking accounts, so that the statements were mailed to her.  She would make a copy of the statements and eliminate the fraudulent transactions.  She inserted the altered balances and calculated the correct interest, typed the correct address, and mailed the altered statement to Ms. Sampson so that she would not detect the fraudulent transactions.  Ms. Sampson suffered a total loss of $45,168.67; all of which were reimbursed by Southeastern.

Other Losses

Ms. Davenport raided other customers’ accounts. One customer suffered a loss of $4,072.09 when Ms. Davenport diverted a check payable to the customers to her own account.  Another customer lost $30,884.62 when Ms. Davenport prematurely closed the customer’s certificate of deposit and fraudulently withdrew money from the customer’s account.  Four additional customers lost $18,134.62, $10,707.00, $1,000.00, and $151.97 respectively.

The Discovery

The fraud was discovered after three years when Ms. Sampson finally complained to the branch manager about problems in her accounts.  The branch manager immediately contacted the security manager and Ms. Davenport was questioned.  Eventually, Ms. Davenport signed a confession stating that she had stolen Ms. Sampson’s money to help her mother with financial problems.  At that time, the Internal Audit Department was asked to investigate the fraud and the record center began the enormous task of gathering the documents for the investigation.

Evidence and Work Papers

Internal audit investigation had the following objectives:

Determine the customers and the amount lost by each to allow Southeast to reimburse customers’ losses.

Identify violations of existing policies and procedures and make recommendations for additional controls that could prevent future frauds from occurring.

Supply the FBI with evidence in the case for them to conduct their own investigation, especially in the cases not considered large enough by FBI standards.

Internal auditors assembled copies of withdrawal tickets, deposit tickets, signature cards, and checks, and placed them in a file for each customer’s accounts.  For each account, the internal auditor matched withdrawals against the copies of the signature cards in order to determine if the withdrawal was a forgery.  When there was a reference to another account, the internal auditors requested from the Record Center information from the other account.  Among many irregularities, it was discovered that Ms. Davenport had signed her own name on withdrawal tickets for other persons’ accounts. 

A summary worksheet was prepared for each account indicating the transactions not performed by the customer or those that appeared questionable.  In many accounts, it was simple to determine if the transactions were legitimate or not, but in some accounts, such as Ms. Sampson’s, it was impossible to make any determination due to the discrepancies in the signatures on signature cards and the large activity of their checking accounts.

The FBI and Internal Auditors Interview Ms. Sampson

In order to resolve the above problem, the security manager arranged to meet with Ms. Sampson, the internal auditors and the FBI, to determine which transactions were made by her.  The volume of transactions was so large that follow-up meetings were scheduled between Ms. Sampson and the internal auditors.  During the follow-up meetings, Ms. Sampson was shown copies of the transactions from her various accounts and she was asked to identify whether she had actually performed them.  A certain level of confidence was established from the information supplied by Ms. Sampson.  As a final verification, the internal auditors compared the transactions in their worksheets to Ms. Sampson’s check register.  The internal auditors prepared a detailed and complete list of fraudulent withdrawals.  Ms. Sampson’s accountant verified the accuracy of the loss as presented on the Internal Auditor’s spreadsheet.

The Conclusion of the Case

The FBI requested the internal auditor’s spreadsheets documenting the total loss suffered by Southeastern customers.  The FBI and U.S. Attorneys used the worksheets to prosecute Ms. Davenport.  The spreadsheets listed 241 fraudulent transactions totaling a $465,303.58.  Ms. Davenport pleaded guilty, was convicted, and sentenced to five years probation, one month in jail, and no restitution.

Required

How would the auditors demonstrate that all the accounts that suffered losses (actual accounts and potential accounts were reviewed?

What information should work papers contain to support a fraud case?

What information should work papers contain to support a regular audit? Compare and contrast the differences in the information needed for a fraud case and a regular audit

How would you review the work papers prepared for this case?

Prepare an audit program that an internal auditor assigned to this case would use?

What changes in internal controls would you recommend after reviewing the facts of the case?

Clearly highlight each question and use bullet points within the question [do not include the quiz fact pattern with your reply].[supanova_question]

12 SLIDE PRESENTATION You are to create a fictious cybersecurity case study PowerPoint presentation. You discuss it in third

12 SLIDE PRESENTATION

You are to create a fictious cybersecurity case study PowerPoint presentation. You discuss it in third
person, in which you will come up with a name of a digital forensic company that solved an APT attack
that was deployed onto a real organization. Ex: Target, Amazon, Norfolk State University.
Create the listed slides below in the same order. In addition, use the slide name that has been provided
below for of each of your slides. Again, use this exact same order. If your slide continues and requires
multiple slides with the same title, use the title again and put cont. at the end of it.
You will need to provide a total of at least 12 slides and provide the following content.[supanova_question]

Assignment-Philosophy of Nursing Practice Please construct your personal Philosophy of Professional Nursing

Writing Assignment Help Assignment-Philosophy of Nursing Practice

Please construct your personal Philosophy of Professional Nursing Practice.   Your statement should be approximately one to two double spaced pages in length. It is expected that papers will adhere to appropriate standards of grammar and sentence structure using APA format.   It is acceptable to write your statement in first person (“I believe…”).  

A personal philosophy of nursing practice presents the belief system or worldview of nursing for a particular professional nurse. Your philosophy should include broad statement reflecting your beliefs and values. You may wish to incorporate a specific nursing theorist in your statement. The philosophy should provide insight to your beliefs regarding health, wellness, illness, patients and the environment.

Please refer to the grading rubric for point allocation. Adhere to the assignment guidelines in regards to sentence structure, grammar, you may use of “first person” (for this assignment only) and length of philosophy statement. Submit in the view/submission assignment area within this module.

PON grading rubric 50pts (1).doc Download PON grading rubric 50pts (1).doc

PreviousNext https://onlyassignmenthelp.com/index.php/2021/11/28/the-proposal-should-have-three-parts-1-an-abstract-or-that-statement-that-poses-a-question-or-problem-contextualizes/ [supanova_question]

Mike and Ming Moore are married and file jointly. Mike is 60

Mike and Ming Moore are married and file jointly.  Mike is 60 years old and Ming is 62.  They have not itemized deductions in the last five years.  Complete Lines 1 through Line 7 of Form 1040 and the additional income section of Schedule 1 for the Moores.  A Schedule C should also be completed for Ming’s import merchandise business.  Round to the nearest dollar.

Excerpt from page 2 of Form 1040

A

B

C

D

1

1. Wages, salaries, tips, etc.

?

2

2a. Tax-exempt interest

?

b. Taxable interest

?

3

3a. Qualified dividends

?

b. Ordinary dividends

?

4

4a. IRAs, pensions and annuities

?

b. Taxable amount

?

5

5a. Social security benefits

?

b. Taxable amount

?

6

6. Additional income and adjustments to income. Attach Schedule 1.

?

7

7. Adjusted gross income. Combine lines 1 through 6.

0.00

Excerpt from Schedule 1 of Form 1040

A

B

1

Additional Income

2

1-9. Reserved

3

10. Taxable refunds, credits, or offsets of state and local income taxes

?

4

11. Alimony received

?

5

12. Business income or (loss)

?

6

13. Capital gain or (loss)

?

7

14. Other gains or (losses)

?

8

15. Reserved

9

16. Reserved

10

17. Rental real estate, royalties, partnerships, S corporations, trusts, etc.

?

11

18. Farm income or (loss)

?

12

19. Unemployment compensation

?

13

20. Reserved

14

21. Other income

?

15

22. Combine the amounts in the far right column. If you don’t have any adjustments to income, enter here and on Form 1040, line 6.

0.00

16

Adjustments to Income

17

23. Educator expenses

?

18

24. Certain business expenses of reservists, performing artists, and fee-basis government officials

?

19

25. Health savings account deduction

?

20

26. Moving expenses for members of armed forces

?

21

27. Deductible part of self-employment tax

?

22

28. Self-employed SEP, SIMPLE, and qualified plans

?

23

29. Self-employed health insurance deduction

?

24

30. Penalty on early withdrawal of savings

?

25

31. Alimony paid

?

26

32. IRA deduction

?

27

33. Student loan interest deduction

?

28

34. Reserved

29

35. Reserved

30

36. Add lines 23 through 35.

0.00

31

37. Subtract line 36 from line 22. Enter here and on Form 1040, line 6.

0.00

Excerpt from Schedule C (Form 1040)

A

B

1

Part I Income

2

1. Gross receipts or sales

?

3

2. Returns and allowances

?

4

3. Subtract line 2 from line 1.

0.00

5

4. Cost of goods sold (from line 42)

?

6

5. Gross profit. Subtract line 4 from line 3.

0.00

7

6. Other income, including federal and state gasoline or fuel tax credit or refund

?

8

7. Gross income. Add lines 5 and 6.

0.00

9

Part II Expenses. Enter expenses for business use of your home only on line 30.

10

8. Advertising

?

11

9. Car and truck expenses

?

12

10. Commissions and fees

?

13

11. Contract labor

?

14

12. Depletion

?

15

13. Depreciation and section 179 expense deduction

?

16

14. Employee benefit programs (other than on line 19)

?

17

15. Insurance (other than health)

?

18

16. Interest:

19

16a. Mortgage (paid to banks, etc.)

?

20

16b. Other

?

21

17. Legal and professional services

?

22

18. Office expense

?

23

19. Pension and profit-sharing plans

?

24

20. Rent or lease:

25

20a. Vehicles, machinery, and equipment

?

26

20b. Other business property

?

27

21. Repairs and maintenance

?

28

22. Supplies (not included in Part III)

?

29

23. Taxes and licenses

?

30

24. Travel, meals, and entertainment

31

24a. Travel

?

32

24b. Deductible meals

?

33

25. Utilities

?

34

26. Wages (less employment credits)

?

35

27. Other expenses (from line 48)

?

36

28. Total expenses before expenses for business use of home. Add lines 8 through 27.

0.00

37

29. Tentative profit or (loss). Subtract line 28 from line 7.

0.00

38

30. Expenses for business use of your home. Do not report these expenses elsewhere.

?

39

31. Net profit or (loss). Subtract line 30 from line 29.

0.00

Additional Information

The Moores provide you with the following information:

Item

Mike

Ming

Joint

First Place in Photo contest

10,000

Bank Interest

55

Capital gains from mutual funds

1,145

Gain on sale of stock

1,050

Life insurance proceeds from death of Ming’s friend

100,000

Losses on the sale of stock

3,200

Clark County bond interest

1,250

Dividends of which 75% qualify for reduced tax rates

900

Qualified pretax defined contribution plan distribution

35,000

Prior year short-term capital loss carryover

2,100

Roth IRA distribution

12,000

State tax refund from prior year

2,500

Traditional IRA distribution

6,000

Wages

75,000

Ming’s Import Business

Sales receipts

50,000

Advertising

500

Business travel

7,000

Business Entertainment

2,750

Cost of merchandise sold

35,000

Interest on business loan

2,500

Meals while traveling for business

4,000

Refunds for merchandise returned

3,500

Utilities (2nd phone line for home office)

1,500

Ming exclusively uses one room in their home as an office. The room is 250 square feet. Ming elects the simplified method for the home office deduction.[supanova_question]

Alerts Calendar Thursday, September 2, 2021 Upcoming events There are no events

Alerts

Calendar

Thursday, September 2, 2021

Upcoming events

There are no events to display.

Announcements

Project 1 Guidance

Posted Sep 1, 2021 4:30 PM

Students:

Over the course of the remaining weeks, we will explore intensively Fayol’s four pillars of management: Planning, Organizing, Leading and Control — POLC through four project assignments discussions.

The first of four projects is due on Tuesday, September 7 by 11:59 p.m. Late Assignments are subject to the course policies as stated in syllabus.

Project 1 focuses on the Planning function, the first pillar in Fayol’s POLC framework. Students are expected to apply the knowledge gained from the course material on Planning to the case scenario to determine the company’s Strengths, Weaknesses, Opportunities and Threats by performing a SWOT Analysis.

The Assignment

For this paper:

Students must read the course material on Planning.

Students must read the instructions found in this week’s content.

Students must read the case scenario found in the instructions for the project.

Students must write a paper that is in Word or RTF, double spaced, and 5 – 6 pages in length, excluding the title page and reference page. Use 12 point font.

Create an APA compliant title page that provides the paper’s title, date, name, course number, section number, and instructor’s name.

To ensure all elements are addressed and to maximize evaluation scores:

Students should read and line-up/integrate the project directions with the grading rubric when writing the paper.

Students should follow all directions and requirements including addressing all questions and prompts, adhering to APA guidelines for this course, proofing work for typos, grammar, and clarity.

Integration of Directions and Rubric

The Directions state the purpose of the assignment is to introduce you to the planning process and to complete a SWOT analysis to determine a company’s strengths, weaknesses, opportunities, and threats. Using the information gathered to complete the SWOT, you will begin to build a Strategic Plan identifying and discussing the company’s goals and objectives. By completing this assignment you will learn how to employ effective planning processes to develop strategies, goals, and objectives to enhance organizational performance and sustainability

Students are to read the Case Scenario, which provides context for this analysis. As a new hire at Silver Airways, your manager has asked you to assist with building a Strategic Plan by conducting a SWOT analysis and developing the goals and objectives for a strategic plan. The strategic plan is necessitated by Silver Airways’ CEO requesting an assessment of the airline’s ability to become a “major U.S. airline” and the subsequent steps it needs to take to make that happen.

Using the course material (weeks 1 – 3) and provided research on Silver Airways and its acquisition of Seaborne Airlines, you will:

Conduct a SWOT analysis on the current state of the airline to determine its Strengths, Weaknesses, Opportunities, and Threats.

Based on your SWOT table, you will then develop and explain your goals and their related objectives.

Your analysis, SWOT table, goals, and objectives must be supported by a logical and well-reasoned evaluation of the facts ascertained from the course materials and links provided.

The Rubric specifies how the project will be evaluated against the criteria. Note the minimum requirement receives a grade equivalent to a C. Correctly provided additional components increase the grade value. Review the grading rubric chart. Read what is listed under each criteria and across the row for how each criteria will be evaluated. The criteria is stated as:

Introduction

SWOT Table

SWOT Analysis – Paragraph per element

Goals Identify and explain three (3) major goals that the company should look to attain, with explanations as to the importance of each goal and why the goals are relevant to the company’s strategy

Number of Objectives

Objectives (explanation)

Conclusion

Attention to Instructions

Writing Mechanics

APA (7th Edition)

How to Prepare the Assignment:

Include your last name and first initial in the file name for your paper and submit to the assignment folder by the deadline.

Please read all instructions carefully.

Use the course material (weeks 1 – 3) and research from links provided in the instructions on Silver Airways and its acquisition of Seaborne Airlines.

Students are to use the links provided in the instructions to research about each airline, the merged map of flights, and the strategic plan that led to the merger. Outside research may be used, but the base research should be from the sources provided in the instructions. It is critical to integrate course material with the research on the airlines to support your reasoning.

Refer to the grading rubric as you write the paper to ensure all elements of the project are addressed as intended.

The format for the paper and the specifics of what should be discussed/presented in the paper include the following six sections. The headings should be centered Bolded. The Bolded headings should be in the same order they appear below.

Introduction

SWOT Table

SWOT Analysis

Strengths Explanations Paragraph

Weaknesses Explanations Paragraph

Opportunities Explanations Paragraph

Threats Explanations Paragraph

Goals and Objectives

The format and framework for your goals and objectives must be as follows:

STRATEGIC GOAL 1: Must be written as a one-sentence goal. The goal must be followed by a brief explanation of the goal’s significance. (Use in-text citations and references as appropriate.)

Objective 1: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)

Objective 2: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)

Repeat above format for Goals 2 and 3

Conclusion

References

The rubric indicates how these responses will be evaluated noting the level and specifics of the detail sought. Specifically, review the criteria and how each will be evaluated.

For the Introduction

describe to the reader the intent of the paper, explaining the main points covered in the paper. This intent should be understood before reading the remainder of the paper so the reader knows exactly what is being covered in the paper.

For the SWOT Table

Using the research from the websites provided and any additional research, complete a SWOT using the table format provided in the template

Provide a minimum of three strengths, three weaknesses, three opportunities and three threats.

Provide an in-text citation for each item presented in the SWOT Table. Note: citations should be done within the table.

For the SWOT Analysis

Write a paragraph for each quadrant in the SWOT explaining the rationale for each criterion within the quadrant.

Remember, there must be a minimum of three criteria in each quadrant.

Use course materials and research to support reasoning.

label each of the paragraphs Strengths, Weaknesses, Opportunities, or Threats and make it clear to the reader which item within each of those headings is being discussed. Use these headings for clarity:

Strengths Explanations Paragraph

Weaknesses Explanations Paragraph

Opportunities Explanations Paragraph

Threats Explanations Paragraph

For the Goals and Objectives

This is where you will begin to build the framework for the Strategic Plan that will be developed upon approval of a merger.

Identify and explain three (3) major goals that the company should look to attain with the approval of the merger, with explanations as to the importance of each goal and why the goals are relevant to the company’s strategy

Provide at least two objectives to support each Strategic Goal. Objectives must be stated to clearly link to the strategic goal they support. A brief explanation for each objective’s relevance to the goal it supports must be provided.

Use the research AND course materials to support what is presented. Your research will guide you to create the goals and objectives.

Use in-text citations

Set up the Strategic Goals and objectives as described above and in the assignment.

For the Conclusion

Summarize the main points covered in the paper. No new information is introduced in the conclusion.

For the References

Follow the APA guidelines

Each reference left-justified with hanging indentation for subsequent lines.

References are completed in alphabetical order.

Please see the module found in APA Resources to ensure in-text citations and references are in APA format

A Word about Plagiarism and Turnitin:

All members of the University community must maintain the highest level of integrity across the academic experience. For students, intellectually honest academic work represents independent analysis, acknowledges all sources of information that contribute to the ideas being explored, and ensures the ability to engage in life and work authentically.

This course uses Turnitin, a software tool embedded in the online classroom to support the development and assessment of academic writing, including ensuring the authenticity of student work through a Similarity Report that highlights any matching areas in your paper found in another submitted paper in the Turnitin repository using a range from 0% to 100%.

The use of Turnitin in this class is different than how it may have been used in your other classes in that there is no need to create a separate account. You only need to submit your assignment within the classroom. Shortly after you submit your assignment you will receive helpful feedback to improve your writing from within the Turnitin software tool.

Turnitin is already populated in the assignment folder. You can submit your paper to Turnitin multiple times before the assignment due date. Once you submit your assignment to the Assignment folder, your paper will be submitted automatically to Turnitin generating a Similarity Report. When a Similarity Report is available for viewing, a similarity score percentage will be made available that can be accessed from the Assignment folder by selecting the Submitted link located under “Completion Status” or by clicking the View History button. NOTE: It may take a few moments for the report to be available. Remember that you will not use your account at Turnitin.com for this course; the tool is already embedded in assignment folders. Students do not have to submit the assignment separately to Turnitin. If students have questions, they should be directed to

https://sites.umgc.edu/library/libresources/turnitin-students.cfm

To learn more about Turnitin, the feedback it provides, and your options regarding the inclusion of your work in the Turnitin database, visit University guides for Turnitin at sites.umgc.edu/library/libresources/turnitin.cfm and https://sites.umgc.edu/library/libresources/turnitin.cfm#studentcopyright.[supanova_question]