Required:1. According to PCAOB Auditing Standard (AS 2201) (https://pcaobus.org/Standards/Auditing/Pages/AS2201.aspx), what factors should auditors consider when evaluating the severity of a deficiency in a control that directly addresses a risk of material misstatement?2. PCAOB AS 2201 distinguishes the difference between a deficiency in design and a deficiency in operation. Does the Assistant Controller’s failure to adequately review the Vendor Change Form represent a deficiency in the design or operating effectiveness of the control?3. Based on guidance in AS 2201, determine if the failure in the vendor request change form control indicative of a material weakness in internal control over financial reporting.4. SEC Regulation S-K requires that management provide a report on a registrant’s ICFR in the company’s Form 10-K. Assuming the company and the auditor concluded that this internal control failure indicates a material weakness in internal control, what information would the company be expected to disclose?5. In light of the identified deficiency, auditors should consider a possibility that the deficiency may have an impact on other controls, and/or the similar problem may exist in other controls. What implications does the failure to adequately review the Vendor Change Form have on other controls?The list above does not present a complete list of issues related to the topic. You may additionally discuss other issues relevant to the audit process of internal control in your paper.FormatLength of the paper: minimum 2000 words (no more than 2500) (on double-spaced pages) PLUS a list of references (make sure you follow an appropriate introduction, conclusion and reference format).Follow APA formatting guidelines: The guidelines are described athttps://owl.english.purdue.edu/owl/resource/560/01...Margins: 1” (Left justification ONLY).Font: Times New Roman, 12 point.Headings and Subheadings: Use them as appropriate.Do not forget Page Numbers.

Data Sources—briefly describe each data source including location, duration of data collection, how data were recorded, and unusual circumstances.Two Scholars of Change videosOne phone interviewResources from the Walden social change websiteInstrumentation—briefly describe the type of instrumentation you used for your data collection.Who developed each data collection tool and what is the date of publication?Where and with which participant group has it been used previously?How appropriate is it for current study and include whether modifications will be or were needed?Data Analysis—based on the data sources in “A.”, provide a detailed analysis to include the following:Report the process used to move inductively from coded units to larger representations including categories and themes.Describe the specific codes, categories, and themes that emerged from the data using quotations as needed to emphasize their importance.1st cycle—describe, give examples.2nd cycle—describe, give examples/moving from codes to categories.Identify themes—provide examples and illustrate your results with a figure or a chart.

2 part assignment essay and powerpointOption #1: Development of an Anti-Fraud Program This Portfolio Project option has two parts: a written report and a PowerPoint presentation. A typical organization loses a certain percentage of annual revenue to fraud. The potential for fraud occurs in all organizations, regardless of the industry in which it operates, financial structure, or size. Every organization is vulnerable to fraud. The risk of fraud should be reduced as much as possible to improve the longevity of the organization. Hence, preventing, deterring, and detecting fraud are crucial to the success of organizations. Deterring and preventing fraud can be more economical than detecting, investigating, and recovering from fraud after the fact. These anti-fraud measures must start at the top and must be communicated throughout the organization. They must go beyond internal controls yet consider the cost-benefit. Develop an anti-fraud program, or model, that can be implemented in any organization. In other words, don’t apply the model to a specific organization. The model, if applied correctly, must be efficient in preventing, detecting and deterring fraud. At minimum, your model must address the following factors: Fraud risk assessment Employees’ Code of Conduct Policies and procedures to prevent, deter, and detect fraud Technical tools to prevent, deter, and detect fraud (i.e. SQL, ODBC, Digital Analysis, etc.) Cost-benefit analysis Resources to consider: AICPA. (n.d.). Managing the business risk of fraud: A practical guide. Retrieved from https://competency.aicpa.org/media_resources/209048-managing-the-business-risk-of-fraud-a-practical-gu/detail (Links to an external site.) Protiviti. (n.d.) Evaluating your anti-fraud program. Retrieved from https://www.protiviti.com/US-en/insights/suggestions-evaluating-your-anti-fraud-program (Links to an external site.) Part 1: Requirements for the paper: Demonstrate your comprehension of the course material. Use professional business language. 10-12 pages in length (double-spaced), not including the cover and reference pages. Supporting documents (i.e. charts, graphics, etc.) should be included as addendums to your report and not in the body of the report. Formatted according to the CSU-Global Guide to Writing and APA. (Links to an external site.) Include a minimum of six credible, academic or professional references from the CSU-Global Library (Links to an external site.), in addition to the textbook. In addition to your written report, prepare a PowerPoint to present your Anti-Fraud Program to management. Part 2: Requirements for the presentation: 6-8 slides, not including the cover and reference slides. Demonstrate your comprehension of the course material. Use professional business language. Include slides that are professional in appearance and not too wordy. Include voiceover that is clear and have minimal background noise (If you do not use the Voiceover feature, you must provide detailed notes in the “Notes” area to support the information presented on your slides). Citations and references should be formatted according to the CSU-Global Guide to Writing and APA. (Links to an external site.) Requirements for the final deliverables: Submit 2 files: PowerPoint presentation Word document