Maxwell and Company: Staff Auditor Embezzlement at a Small Client
Document Type
Article
Publication Date
5-2008
Department
School of Business
Abstract
Maxwell and Company, a local accounting firm, discovers that one of its employees has embezzled funds from a client. This case requires you to examine the components of the fraud triangle and apply them to the facts of the case. The case emphasizes the importance of quality control at accounting firms and internal controls at small companies. In addition, the case provides you with an opportunity to analyze the responsibilities of accountants, accounting firms, and accounting students.
DOI
10.2308/iace.2008.23.2.291
First Page
291
Last Page
297
Volume
23
Issue
2
ISSN
07393172
Recommended Citation
McKnight, C. A., Manly, T. S., & Carr, P. S. (2008). Maxwell and Company: Staff auditor embezzlement at a small client. Issues in Accounting Education, 23(2), 291–297. DOI: 10.2308/iace.2008.23.2.291