Securities Fraud and World Health Alternatives, Inc.

• In Event: Forensic and Investigative Accounting 2

Abstract

This case study examines Securities and Exchange Commission v. Richard E. McDonald, et al., Case No. 09-CV-01685 (W.D. Pa.). This forensic case discusses the fraud triangle, the management representation letter, audit procedures for related party transactions, the impact of Sarbanes Oxley on internal controls, the structure of a reverse merger, and SEC law and Regulations. This case study includes six case questions and instructor notes.

Authors

• Amber Stone, Towson University

• Charles J Russo, Towson University

• Charles Leonard Martin, Towson University