Since you did so well on the SEC’s tasks in Assignment 1, they recommended your services to a
company in need of a fraud risk assessment. The company, B.M. Madyson Plastics, Inc., is a midsized regional manufacturing firm. The company is seeking your recommendations for fraud
prevention strategies.
Use the Internet to research the elements of an effective fraud policy.
1. Outline the elements of a fraud prevention plan that communicates the most effective elements of
a fraud policy, indicating the rationale behind each element.
2. Make specific recommendations to management that demonstrate how the elements you chose
will provide effective fraud prevention.
