Fraud Risk Brainstorming at Tesla

Fraud Risk Brainstorming at Tesla – Part 2

Read the following case study:

Hess, M. F., & Andiola, L. M. (2018). Fraud risk brainstorming at Tesla Motors. Issues in Accounting Education, 33(2), 19–34.

Case Requirements:

In a paper, address the following questions.

  • Fraud risks related to revenue recognition at
    • What does Tesla sell and how does the company account for revenue, accounts receivable, and COGS? (See ‘‘Tesla’s 2015 Annual Report,’’ Item 1 Business, Item 7 MD&A, and Item 8 Financial Statements and Supplementary Data, Note )
    • How might these revenue-recognition practices create opportunities, incentives, and/or rationalizations for fraud?
  • Fraud risks related to Tesla’s business and operating
    • Review the business risks disclosed by the company (see Tesla’s 2015 Annual Report, Item 1A Risk Factors, Item 8 Financial Statements, Supplementary Data, Note 2, and Note 13). How might some of these business risks from the external environment also create fraud risks within Tesla?
    • What fraud risks are posed by Tesla’s expansion plans and the company’s ability to operate as a going concern? (See Tesla’s 2015 Annual Report, and refer to Item )
    • What related-party transactions support Tesla’s financial performance? (See Tesla’s 2015 Annual Report, Item 1 Manufacturing.) How might these transactions create opportunities for fraud?
  • Fraud risks indicated by the results of preliminary analytical
    • What fraud risks may be indicated by the year-to-year comparisons of Tesla’s financial statements (refer to Exhibits 1 and 2 in the case study)?
    • How does the company perform relative to its peers (refer to Exhibit 4 in the case study)? Do these ratios and trends seem reasonable?

Assignment Paper Requirements:

  • Write a paper (memo) of a minimum of six double-spaced pages, not counting the title and reference pages (which you must include).
  • Copy and paste each one of the questions into your paper in bold type to ensure you have answered each of the assignment
  • Use terms, evidence, and concepts from class readings, including professional business language.
  • Cite at least three credible, academic, or professional sources for this assignment. The TAMUCT Library is a great place to find resources, as well as the FASB
  • Format your paper according to APA

    Fraud Risk Brainstorming at Tesla – Part 2

    Read the following case study:

    Hess, M. F., & Andiola, L. M. (2018). Fraud risk brainstorming at Tesla Motors. Issues in Accounting Education, 33(2), 19–34.

    Case Requirements:

    In a paper, address the following questions.

    • Fraud risks related to revenue recognition at
      • What does Tesla sell and how does the company account for revenue, accounts receivable, and COGS? (See ‘‘Tesla’s 2015 Annual Report,’’ Item 1 Business, Item 7 MD&A, and Item 8 Financial Statements and Supplementary Data, Note )
      • How might these revenue-recognition practices create opportunities, incentives, and/or rationalizations for fraud?
    • Fraud risks related to Tesla’s business and operating
      • Review the business risks disclosed by the company (see Tesla’s 2015 Annual Report, Item 1A Risk Factors, Item 8 Financial Statements, Supplementary Data, Note 2, and Note 13). How might some of these business risks from the external environment also create fraud risks within Tesla?
      • What fraud risks are posed by Tesla’s expansion plans and the company’s ability to operate as a going concern? (See Tesla’s 2015 Annual Report, and refer to Item )
      • What related-party transactions support Tesla’s financial performance? (See Tesla’s 2015 Annual Report, Item 1 Manufacturing.) How might these transactions create opportunities for fraud?
    • Fraud risks indicated by the results of preliminary analytical
      • What fraud risks may be indicated by the year-to-year comparisons of Tesla’s financial statements (refer to Exhibits 1 and 2 in the case study)?
      • How does the company perform relative to its peers (refer to Exhibit 4 in the case study)? Do these ratios and trends seem reasonable?

    Assignment Paper Requirements:

    • Write a paper (memo) of a minimum of six double-spaced pages, not counting the title and reference pages (which you must include).
    • Copy and paste each one of the questions into your paper in bold type to ensure you have answered each of the assignment
    • Use terms, evidence, and concepts from class readings, including professional business language.
    • Cite at least three credible, academic, or professional sources for this assignment. The TAMUCT Library is a great place to find resources, as well as the FASB
    • Format your paper according to APA

– Part 2

Read the following case study:

Hess, M. F., & Andiola, L. M. (2018). Fraud risk brainstorming at Tesla Motors. Issues in Accounting Education, 33(2), 19–34.

Case Requirements:

In a paper, address the following questions.

  • Fraud risks related to revenue recognition at
    • What does Tesla sell and how does the company account for revenue, accounts receivable, and COGS? (See ‘‘Tesla’s 2015 Annual Report,’’ Item 1 Business, Item 7 MD&A, and Item 8 Financial Statements and Supplementary Data, Note )
    • How might these revenue-recognition practices create opportunities, incentives, and/or rationalizations for fraud?
  • Fraud risks related to Tesla’s business and operating
    • Review the business risks disclosed by the company (see Tesla’s 2015 Annual Report, Item 1A Risk Factors, Item 8 Financial Statements, Supplementary Data, Note 2, and Note 13). How might some of these business risks from the external environment also create fraud risks within Tesla?
    • What fraud risks are posed by Tesla’s expansion plans and the company’s ability to operate as a going concern? (See Tesla’s 2015 Annual Report, and refer to Item )
    • What related-party transactions support Tesla’s financial performance? (See Tesla’s 2015 Annual Report, Item 1 Manufacturing.) How might these transactions create opportunities for fraud?
  • Fraud risks indicated by the results of preliminary analytical
    • What fraud risks may be indicated by the year-to-year comparisons of Tesla’s financial statements (refer to Exhibits 1 and 2 in the case study)?
    • How does the company perform relative to its peers (refer to Exhibit 4 in the case study)? Do these ratios and trends seem reasonable?

Assignment Paper Requirements:

  • Write a paper (memo) of a minimum of six double-spaced pages, not counting the title and reference pages (which you must include).
  • Copy and paste each one of the questions into your paper in bold type to ensure you have answered each of the assignment
  • Use terms, evidence, and concepts from class readings, including professional business language.
  • Cite at least three credible, academic, or professional sources for this assignment. The TAMUCT Library is a great place to find resources, as well as the FASB
  • Format your paper according to APA

LOOKING FOR THIS ASSIGNMENT OR A SIMILAR ONE? WE HAVE HAD A GOOD SUCCESS RATE ON THIS PAPER! ORDER WITH US TODAY FOR QUALITY WORK AND GET A DISCOUNT!

ORDER NOW

Disclaimer:

All types of paper that Discount Writers provides is only for the purpose of assistance! No text, paper, assignment, discussion would be similar with another student therefore guaranteeing Uniqueness and can be used with proper references only!

More tools: Better Grades: Choose your Homework Help:

Assignment Help: We would write your papers according to the instructions provided and guarantee you timely work

 

Entire Online Class Help: We are here for you and we would do your entire Class work from discussions, assignments, Replies, Exams and Quizzes at a Cost

 

Exam/ Quiz Help: We have a team of writers who specialize on exams from any specific field and we would give you an A+ Grade!

 

ORDER NOW