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BDO USA, LLP and Grant Thornton, LLP are full-service consulting and forensic accounting firms. These firms offer services ranging from determining contract damages to overseeing fraud examination. Their forensic accountants are experts at finding even the cleverest trails of fraudulent financial data and then providing the hard numbers needed to prove a case of fraud. The forensic accountants look beyond the numbers to analyze and reveal all relevant aspects of the situation. BDO USA, LLP and Grant Thornton, LLP have extensive experience in information technology for consulting audits and assessments. They also deliver complete data analysis of electronic business records and files, including e-mails, financial spreadsheets, hard drives, and tape backups. Assume that you are a business owner concerned about preventing fraud. Explain how hiring a firm specializing in forensic accounting such as BDO USA, LLP or Grant Thornton, LLP can help you stop fraud from occurring.

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College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
Publisher: South-Western College Pub
ISBN: 9781337280570
BuyFind

College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
Publisher: South-Western College Pub
ISBN: 9781337280570

Solutions

Chapter
Section
Chapter 6, Problem 1A
Textbook Problem

BDO USA, LLP and Grant Thornton, LLP are full-service consulting and forensic accounting firms. These firms offer services ranging from determining contract damages to overseeing fraud examination. Their forensic accountants are experts at finding even the cleverest trails of fraudulent financial data and then providing the hard numbers needed to prove a case of fraud. The forensic accountants look beyond the numbers to analyze and reveal all relevant aspects of the situation.

BDO USA, LLP and Grant Thornton, LLP have extensive experience in information technology for consulting audits and assessments. They also deliver complete data analysis of electronic business records and files, including e-mails, financial spreadsheets, hard drives, and tape backups.

Assume that you are a business owner concerned about preventing fraud. Explain how hiring a firm specializing in forensic accounting such as BDO USA, LLP or Grant Thornton, LLP can help you stop fraud from occurring.

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Chapter 6 Solutions

College Accounting (Book Only): A Career Approach
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Ch. 6 - What is the purpose of endorsing a check?Ch. 6 - Why is there generally a difference between the...Ch. 6 - Indicate whether the following items in a bank...Ch. 6 - Why is it necessary to make general journal...Ch. 6 - a. Why would a business use a Petty Cash Fund? b....Ch. 6 - a. What does a debit balance in Cash Short and...Ch. 6 - Fill in the missing amounts for the following bank...Ch. 6 - The Ledger Balance of Cash section of the bank...Ch. 6 - When the bank statement is received on July 3, it...Ch. 6 - Place a check mark in the column that indicates...Ch. 6 - Hosung Companys Cash account shows a balance of...Ch. 6 - Record entries in general journal form to record...Ch. 6 - At the end of the day, the cash register tape...Ch. 6 - a. Describe the entries that have been posted to...Ch. 6 - Arthurs Mens Shop deposits all receipts in the...Ch. 6 - On May 1 of this year, Ellsworth and Company...Ch. 6 - Ellie Harrod, owner of Harrods Dry Cleaners, makes...Ch. 6 - On August 31, Baginski and Company receives its...Ch. 6 - The Quilt Shop deposits all receipts in the bank...Ch. 6 - Merkle Company deposits all receipts in the bank...Ch. 6 - On March 1 of this year, Stowe Company established...Ch. 6 - Roberta Felino, owner of Robertas Beauty Salon,...Ch. 6 - On August 2, Northern Motel receives its bank...Ch. 6 - Jims Fitness Center deposits all receipts in the...Ch. 6 - BDO USA, LLP and Grant Thornton, LLP are...Ch. 6 - As the new bookkeeper for a small business, you...Ch. 6 - You work as a cashier for a service business. Some...

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