Applied Business Research 2022

Running Head: APPLIED BUSINESS RESEARCH
APPLIED BUSINESS RESEARCH
Name of the Student
Name of the University
Author Note

1APPLIED BUSINESS RESEARCH
Table of Contents
Introduction................................................................................................................................2
Literature Review.......................................................................................................................2
Conclusion..................................................................................................................................4
Research Background.................................................................................................................5
Research Objectives and Research Questions............................................................................5
List of Keywords used for Literature Review............................................................................5
Ethical Consideration.................................................................................................................5
Reference....................................................................................................................................6

2APPLIED BUSINESS RESEARCH
Introduction
Accounting fraud is the intentional manipulations of the financial statements for
creating the façade of the financial health of the company. It involves organization itself or
the employees and they are misleading towards the shareholders and the investors. Hence,
under this assignment, analysis will be done on the different aspects of accounting fraud.
Literature Review
Accounting fraud is the deliberate manipulations of the accounting records for making
the condition or the financial performance of the organization to look better than what
actually it is.The business scandal arises from the intentional manipulations of the financial
statements with disclosures of the financial misdeeds by the trusted organization’s executives.
These types of misdeeds involves complex methods for misdirecting or misusing the funds,
overstating values of the corporate assets, overstating the revenues and reporting of the
existence of the liabilities (E. Lokanan2014).
There are wide majority of the companies that provides the financial reports, which
are free from the material misstatements. The fraudulent activities continue to exist that
includes the case of well-publicized frauds of Enron as well as WorldCom. There are
basically two types of fraud that is committing fraud by the top management for maintaining
the illusion of the company’s high performance for raising the capital for their entity and
misleading their investors as well as others.The second type includes fraud committed by the
top or the middle level management for their personal gains in order to earn the enhanced
compensation and bonuses (Mansor2015).
Motivations for Accounting Fraud
The national commission fraud report has revealed that that the accounting fraud
usually occurs because of the result of certain individual, institutional, or environmental