Fraudulent Reporting and Forensic Financial Analysis Assignment | Online Assignment

CHAPTER 17: ( 1 page per chapter) A number of security/intrusion detection firms exist in the market. Research one of these firms and report on its services, costs, and benefits. 1. Would you hire a firm like this for a start-up company? 2. Would you hire one for an established, small company? 3. Would you hire one for a Fortune 1000 company? Why? CHAPTER 18: ( 1 page per chapter) Mr. Oaks has worked as the CEO of Turley Bank for the last three years. This past year, the outside auditor discovered some fraudulent loan activity in which Mr. Oaks was circumventing internal controls to lend money to friends and family. After a thorough investigation, the board of trustees concluded that Mr. Oaks had committed more than $10 million in loan fraud. Mr. Oaks denied any wrongdoing. Now, the board is contemplating pursuing a civil case against Mr. Oaks, seeking repayment of the $10 million. 1. What are some reasons why Turley Bank would not pursue a civil case against Mr. Oaks? 2. If Turley Bank decides to pursue a civil case against Mr. Oaks, what are some reasons why the bank would settle out of court before the actual trial? 3. If Turley Bank decides to pursue a civil case against Mr. Oaks, what are some reasons why Mr. Oaks would settle out of court before the actual trial?