Playing the Ponies: A $5 Million Embezzlement Case.
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| Title: | Playing the Ponies: A $5 Million Embezzlement Case. |
|---|---|
| Authors: | Howe, Martha A.1 mhowe@Bentley.edu, Malgwi, Charles A.1 |
| Source: | Journal of Education for Business. Sep/Oct2006, Vol. 82 Issue 1, p27-33. 7p. 1 Chart. |
| Subject Terms: | *High schools, *School employees, Fraud, Embezzlement, Prison sentences |
| Abstract: | Fraud is a pervasive problem, and educating future business leaders, managers, and auditors about fraud is one way to attack the problem. This instructional fraud case chronicles the actual details surrounding a major embezzlement at a regional high school (RHS) that culminated in long federal and state prison sentences for the school's treasurer. Names have been changed, but otherwise the case is factual. This case can be used in an auditing class or a fraud examination class to help students understand the dynamics of financial fraud, including identifying (a) the elements of the fraud triangle and the red flags and internal control weaknesses that existed in this situation, (b) the steps that could have prevented the fraud, (c) the auditing issues related to the fraud, (d) the investigation process, and (e) the resolution of fraud through the justice system. Discussion relating the case to these learning objectives is included. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Education for Business is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: ehh DbLabel: Education Research Complete An: 23328226 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Playing the Ponies: A $5 Million Embezzlement Case. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Howe%2C+Martha+A%2E%22">Howe, Martha A.</searchLink><relatesTo>1</relatesTo><i> mhowe@Bentley.edu</i><br /><searchLink fieldCode="AR" term="%22Malgwi%2C+Charles+A%2E%22">Malgwi, Charles A.</searchLink><relatesTo>1</relatesTo> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Education+for+Business%22">Journal of Education for Business</searchLink>. Sep/Oct2006, Vol. 82 Issue 1, p27-33. 7p. 1 Chart. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22High+schools%22">High schools</searchLink><br />*<searchLink fieldCode="DE" term="%22School+employees%22">School employees</searchLink><br /><searchLink fieldCode="DE" term="%22Fraud%22">Fraud</searchLink><br /><searchLink fieldCode="DE" term="%22Embezzlement%22">Embezzlement</searchLink><br /><searchLink fieldCode="DE" term="%22Prison+sentences%22">Prison sentences</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Fraud is a pervasive problem, and educating future business leaders, managers, and auditors about fraud is one way to attack the problem. This instructional fraud case chronicles the actual details surrounding a major embezzlement at a regional high school (RHS) that culminated in long federal and state prison sentences for the school's treasurer. Names have been changed, but otherwise the case is factual. This case can be used in an auditing class or a fraud examination class to help students understand the dynamics of financial fraud, including identifying (a) the elements of the fraud triangle and the red flags and internal control weaknesses that existed in this situation, (b) the steps that could have prevented the fraud, (c) the auditing issues related to the fraud, (d) the investigation process, and (e) the resolution of fraud through the justice system. Discussion relating the case to these learning objectives is included. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Education for Business is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ehh&AN=23328226 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.3200/JOEB.82.1.27-33 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 7 StartPage: 27 Subjects: – SubjectFull: High schools Type: general – SubjectFull: School employees Type: general – SubjectFull: Fraud Type: general – SubjectFull: Embezzlement Type: general – SubjectFull: Prison sentences Type: general Titles: – TitleFull: Playing the Ponies: A $5 Million Embezzlement Case. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Howe, Martha A. – PersonEntity: Name: NameFull: Malgwi, Charles A. IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 09 Text: Sep/Oct2006 Type: published Y: 2006 Identifiers: – Type: issn-print Value: 08832323 Numbering: – Type: volume Value: 82 – Type: issue Value: 1 Titles: – TitleFull: Journal of Education for Business Type: main |
| ResultId | 1 |
