Assignment Brief (Comprehensive)
ASSIGNMENT TITLE: Forensic Tax Fraud Case Analysis—Risk, Ethics, & Controls
Course Alignment: Advanced Accounting/Forensic Auditing (ACC 499)
Estimated Effort: 12–15 hours
Scenario
Analyze a high-profile alleged tax-evasion case to identify fraud schemes, control failures,
and prevention strategies.
Learning Outcomes
• Identify fraud typologies (evasion, offshore structures, false filings, bank secrecy
violations).
• Evaluate red flags and auditor responses.
• Recommend internal controls, governance, and compliance enhancements.
Deliverables
A. Case Brief (600–800 words): actors, alleged schemes, timeline, amounts, jurisdictions.
B. Fraud Scheme Analysis (1,000–1,400 words): methods used; documents and data trails;
red flags.
C. Control & Compliance Plan (800–1,000 words): KYC/AML/OFAC considerations;
FBAR/foreign account monitoring; segregation of duties; automated alerts.
D. Auditor Playbook (1 page): procedures, analytics, sampling, inquiries.
E. Appendix: illustrative RCM for two high-risk processes (e.g., investments, treasury).
Detailed Task Requirements
• Map each alleged act to a control gap and propose specific remediations.
• Include a simple transaction flow diagram or narrative.
• Discuss ethics and professional responsibilities (independence, confidentiality, reporting).
• Cite at least 6 credible sources (statutes, standards, guidance, reputable news/academic).
Formatting & Submission
• APA; provide clear headings and exhibits.
Rubric (100 pts)
ASSIGNMENT TITLE: Forensic Tax Fraud Case Analysis—Risk, Ethics, & Controls
Course Alignment: Advanced Accounting/Forensic Auditing (ACC 499)
Estimated Effort: 12–15 hours
Scenario
Analyze a high-profile alleged tax-evasion case to identify fraud schemes, control failures,
and prevention strategies.
Learning Outcomes
• Identify fraud typologies (evasion, offshore structures, false filings, bank secrecy
violations).
• Evaluate red flags and auditor responses.
• Recommend internal controls, governance, and compliance enhancements.
Deliverables
A. Case Brief (600–800 words): actors, alleged schemes, timeline, amounts, jurisdictions.
B. Fraud Scheme Analysis (1,000–1,400 words): methods used; documents and data trails;
red flags.
C. Control & Compliance Plan (800–1,000 words): KYC/AML/OFAC considerations;
FBAR/foreign account monitoring; segregation of duties; automated alerts.
D. Auditor Playbook (1 page): procedures, analytics, sampling, inquiries.
E. Appendix: illustrative RCM for two high-risk processes (e.g., investments, treasury).
Detailed Task Requirements
• Map each alleged act to a control gap and propose specific remediations.
• Include a simple transaction flow diagram or narrative.
• Discuss ethics and professional responsibilities (independence, confidentiality, reporting).
• Cite at least 6 credible sources (statutes, standards, guidance, reputable news/academic).
Formatting & Submission
• APA; provide clear headings and exhibits.
Rubric (100 pts)
