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UID:42fdb4895ff3e438c9c798f31605e3a5
DTSTAMP:20240504T031711Z
SUMMARY:Department of Accounting  2015 FIC3  (Fraud & Internal Control Case
  Competition)
DESCRIPTION: \n\n_We appreciate the support of our generous inaugural spons
 or_\nMERCADIEN\n\nOBJECTIVE\n\nThe purpose of FIC3 is to provide students 
 an experiential learning\nopportunity to understand the implications of fr
 audulent financial\nreporting and the value and relevance of the COSO Inte
 rnal Control\nFramework 2013. This competition will provide students an op
 portunity\nto demonstrate their understanding of the accounting process\, 
 system\nof internal controls and COSO 2013 which became effective December
  15\,\n2014.\n\nDAY OF THE COMPETITION\n\nEach approved FIC3 Student Team 
 will meet in GHall Room 220 @ 8:30am\non Friday\, February 13\, 2015. Foll
 owing opening remarks teams will\nthen receive the actual case\, detailed 
 requirements and supplement\nmaterial. Each team will have 4 hours (9am -1
 pm) to review the case\,\nformulate their response to the case questions a
 nd develop a\nPowerPoint based presentation.\n\nThere will be a working lu
 nch provided from noon to 1:00pm. Each team\nmust submit an electronic cop
 y of their presentation by 1:00pm. No\nchanges may be made to teams’ Pow
 erPoint presentations after the\n1:00pm submission deadline. Teams will be
  assigned a 10 minute slot to\npresent their results to our panel of judge
 s. Team presentations will\nbe in 15 minute intervals between 1:00 and 3:3
 0 in G Hall Room 205.\nAwards will be presented as soon as the judges have
  reached a\ndecision.\n\nKEY DATES\n\n * Registration Deadline: February 2
 \, 2015\n * Kickoff Date: February 5\, 2015\n * Competition Date: February
  13\, 2015\n\nTEAM STRUCTURE\n\n * Teams of 4 students\n * One member of t
 he team should be designated to supply a laptop\nthat can access the drago
 nfly network\n * Teams must consist of at least one Accounting Major\, one
  senior\nand one sophomore\n * Team members are required to register indiv
 idually and notate\nwhich team they are entering with when completing the 
 registration. If\nyou do not have team you may register as an individual a
 nd will be\nassigned a team if space permits.\n * There will be a limit of
  10 case teams so the first teams\nregistered and approved i.e. meet the t
 eam composition criteria will\nreceive one of the 10 available spots.\n\nT
 EAM PRIZES\n\n * 1st Place - $500 ($125 per each team member)\n * 2nd Plac
 e - $300 ($75 per each team member)\n * 3rd Place - $200 ($50 per each tea
 m member)\n\nREGISTRATION AND REQUIREMENTS\n\nDue to the nature of the com
 petition\, participation is limited\; not\nevery application will be accep
 ted into the competition.\n\n * To participate in the competition\, each t
 eam member must register\nhere before the deadline of February 2\, 2015.\n
  * At least 2 members of each accepted team will be required to\nattend th
 e Kick Off Event “Tales from the Hard Drive” on Thursday\nFebruary 5th
  in GHall 722 from 5-7pm\n\nYou will be required to agree to the attached 
 statement of\ncomportment. Please note: We require a 1 week cancellation n
 otice if\nyou can no longer participate.\n\nPlease log in using your Drexe
 l username (abc123).\n 
DTSTART:20150213T133000Z
DTEND:20150213T213000Z
LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, GHall 220\, Philadelphi
 a\, PA 19104
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