Title

Maxwell and Company: Staff Auditor Embezzlement at a Small Client

Authors

Constance A. McKnight, Arkansas Tech University
Pamela S. Carr, Arkansas Tech University
Tracy S. Manly, University of Tulsa

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