Quesitons need this by 11pm please
All posts must be substantial (several paragraphs each) and each of your initial posts must be supported by 3 peer reviewed authoritative sources, not including the textbook, cited properly in APA format.
Question 1
Bitcoin is a cryptocurrency. Cryptocurrencies are digital currencies. Kelly, Keidan and Milhench (2017) report that cryptocurrencies are growing in the hedge fund market with Bitcoin leading the way. Kelly et al. report that “determining the value of Bitcoin and other cryptocurrencies is tricky.” What are the challenges for forensic auditors relative to cryptocurrency such as Bitcoin?
Kelly, J., Keidan, M. & Milhench, C. (2017, October 23). Big money stays away from booming Bitcoin. New York Times. Retrieved from
https://www.nytimes.com/reuters/2017/10/23/business/23reuters-markets-bitcoin-institutional.html?_r=0
Question 2
Find an accounting-related fraud court case that is no more than 2 years old and then find an accounting-related fraud court case that is over 10 years old. Give a brief summary of both court cases. Compare and contrast the 2 court cases. Discuss if you think the level of sophistication in committing fraud has changed over the years. Who is committing the crime and how? What impact, if any, will the changes you found have on the auditor and/or fraud investigator?