Describe The Rationalizations Used By Mr Pavlo

1. From the excerpt and article, describe the rationalizations used by Mr. Pavlo?
Pavlo said in an interview that he wanted to advance his career and was very eager to make his way to the top level position of the management of the organization (Portal, 2008). He also told that he was rewarded always by doing bad things. Although, he was at pressure in meeting the company’s goals; but he managed his superiors and made sure that he was doing good in fulfilling the company’s goals. He also rationalized his fraudulent activities by hiding the customer’s late payment in order to be benefitted himself, but said that he was helping people more than he was helping himself.
2. Given that Mr. Pavlo’s fraud was restricted to an accounts receivable embezzlement scheme, what symptoms might auditors observe?

Auditors started to notice that when the actual payments did not come in (Celizic, 2008). There might be some other symptoms were noticed by the auditor by observing Mr. Pavlo’s lifestyle. They might have been watched about Pavlo’s salary versus his cost of living, i.e., chartering plane, luxury vacation and driving fancy cars. Auditors may have also watched his bank account transactions.
3. Given that Mr. Pavlo’s fraud was restricted to an accounts receivable embezzlement scheme but was buried among legitimate accounts receivable transactions, describe the three most effective data extraction and analysis tests (using IDEA, Picalo or ACL) for accounts receivable that you believe would identify this fraud and state why you believe them to be