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Sally Oversees the Accounting Operations at Hopewell Distributors

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Essay

Sally oversees the accounting operations at Hopewell Distributors. Recently, Sally suspects an accounting manager commits fraud because the accounting manager in the operations division submitted a report that had incorrect account receivable totals. Sally checks the actual receivable totals against the forecasted totals and her assessment is correct. The manager then reports lower total receivables and compares those totals to the amount the company actually collects. A recent audit report indicates that the manager wrote checks payable to cash and cashed the checks. What actions should Sally take about the information she discovered about the accounting manager in the operations division?

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Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Cognitive-Behavioral Therapy

A psychotherapeutic treatment that helps individuals understand the thoughts and feelings that influence behaviors, aimed at changing negative thought patterns and behaviors.

Relaxation Training

Techniques or exercises designed to reduce tension and stress, promoting physical and mental well-being.

Acceptance and Commitment Therapy

A form of psychotherapy that encourages individuals to accept their thoughts and feelings rather than fighting or feeling guilty for them.

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