WCC W5 IP: Investigative Planning

You have been assigned to a case to explore for unreported income and possible embezzlement of funds from a small financial service organization.

Another staff member used a public records search and other data from the company to complete a financial profile of the suspect. The data sheet has been given to you for further analysis.

This data sheet profile includes a balance sheet and income and expense data. You are aware that there may be other assets that could not be identified or traced to the suspect. Nonetheless, you will prepare a net worth analysis and discuss several observation and issues.

Use the suspect data to do the following:

• Use the indirect method to prepare a net worth analysis.
• Prepare a discussion analysis of the results. Guidelines are as follows:
  • Discuss the entire 5-year period of data
  • Be substantive. Do not just repeat the numbers on the schedule without further critical analysis.
• Determine whether results indicate if fraud may be occurring or not. Explain why you believe this.
• Identify other factors you would need to consider to determine that fraud has occurred.

Download Suspect Data.

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