Discussion Topic: Accounting frauds within the revenue, expenditure, and production cycle. It

Discussion Topic: Accounting frauds within the revenue, expenditure, and production cycle.

It is very easy to do a Web search and locate articles concerning accounting frauds as a result of misappropriating transactions using the revenue, expenditure, and/or production cycle(s).

Locate a recent (no more than 5 years) news article (see below) concerning a fraud using one of the aforementioned cycles of a company located within the vicinity of where you live. Post a link to the article (see below).

Discuss how the fraud occurred as a result of the revenue, expenditure, or production cycle.

https://www.justice.gov/usao-sdms/pr/physician-agrees-pay-375000-resolve-false-claims-act-allegations-p-stim-device-fraud

https://www.beckersasc.com/asc-coding-billing-and-collections/mississippi-physician-to-pay-375k-to-resolve-medicare-billing-fraud-allegations.html

https://www.shorenewsnetwork.com/2021/12/13/physician-agrees-to-pay-375000-to-resolve-false-claims-act-allegations-of-p-stim-device-fraud/?fr=operanews