Frank James a highly competent employee of Brinkwater sales Corporation had been responsible for accounting related matters for 2 decades. His devotion to the firm and his duties had always been exceptional, an over the years, he had been given increased responsibility. Both the president of Brinkwater and a partner of independence CPA firm in charge of the audit were shocked and dismayed to discover that James had embezzled more than 500,000 over a 10-year period by not recording billions in sales Journal and subsequently diverting the cash receipts. What major factors permitted the embezzlement to take place? In replies to peers, discuss whether you agree or disagree with their ideas and the examples provided, and justify your response using the topic materials.
