{"id":32638,"date":"2022-02-13T22:26:42","date_gmt":"2022-02-13T22:26:42","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/fraud-risk-brainstorming-at-tesla-part-2\/"},"modified":"2022-02-13T22:26:42","modified_gmt":"2022-02-13T22:26:42","slug":"fraud-risk-brainstorming-at-tesla-part-2","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/fraud-risk-brainstorming-at-tesla-part-2\/","title":{"rendered":"Fraud risk brainstorming at tesla – part 2"},"content":{"rendered":"
\n

\u00a0<\/p>\n

Fraud Risk Brainstorming at Tesla – Part 2<\/strong><\/u><\/h2>\n

Read the following case study:<\/strong><\/p>\n

Hess, M. F., & Andiola, L. M. (2018). Fraud risk brainstorming at Tesla Motors. Issues in Accounting Education, 33<\/em>(2), 19\u201334.<\/p>\n

Case Requirements:<\/strong><\/h2>\n

In a paper, address the following questions.<\/p>\n

    \n
  • Fraud risks related to revenue recognition at\n
      \n
    • What does Tesla sell and how does the company account for revenue, accounts receivable, and COGS? (See \u2018\u2018Tesla\u2019s 2015 Annual Report,\u2019\u2019 Item 1 Business, Item 7 MD&A, and Item 8 Financial Statements and Supplementary Data, Note )<\/li>\n
    • How might these revenue-recognition practices create opportunities, incentives, and\/or rationalizations for fraud?<\/li>\n<\/ul>\n<\/li>\n
    • Fraud risks related to Tesla\u2019s business and operating\n
        \n
      • Review the business risks disclosed by the company (see Tesla\u2019s 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?<\/li>\n
      • What fraud risks are posed by Tesla\u2019s expansion plans and the company\u2019s ability to operate as a going concern? (See Tesla\u2019s 2015 Annual Report, and refer to Item )<\/li>\n
      • What related-party transactions support Tesla\u2019s financial performance? (See Tesla\u2019s 2015 Annual Report, Item 1 Manufacturing.) How might these transactions create opportunities for fraud?<\/li>\n<\/ul>\n<\/li>\n
      • Fraud risks indicated by the results of preliminary analytical\n
          \n
        • What fraud risks may be indicated by the year-to-year comparisons of Tesla\u2019s financial statements (refer to Exhibits 1 and 2 in the case study)?<\/li>\n
        • How does the company perform relative to its peers (refer to Exhibit 4 in the case study)? Do these ratios and trends seem reasonable?<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

          Assignment Paper Requirements:<\/strong><\/h2>\n
            \n
          • Write a paper (memo) of a minimum of six double-spaced pages, not counting the title and reference pages (which you must include).<\/li>\n
          • Copy and paste each one of the questions into your paper in bold type to ensure you have answered each of the assignment<\/li>\n
          • Use terms, evidence, and concepts from class readings, including professional business language.<\/li>\n
          • 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<\/li>\n
          • Format your paper according to APA<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

            \u00a0 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\u201334. Case Requirements: In a paper, address the following questions. Fraud risks related to revenue recognition at What does Tesla sell and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-32638","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/32638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=32638"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/32638\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=32638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=32638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=32638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}