ACC 562 (NEW) WK 3 Assignment 1 - Madoff Securities

ACC 562 (NEW) WK 3 Assignment 1 - Madoff Securities

 

Review the Madoff Securities case, located in Chapter 3 of your textbook.

Write a four to five (4-5) page paper in which you:

  1. Determine the regulatory oversight that was in place while the Ponzi scheme was operating, and speculate on the main reasons why they did not discover the scheme.
  2. Assume you are an auditor for a firm that had $10 million dollars invested in Madoff Securities.  Determine the fundamental audit procedures that you should have applied to this investment.   

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  • Item #: ACC562N-01

ACC 562 (NEW) WK 3 Assignment 1 - Madoff Securities

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