What level of assurance was implied for ZZZZ Best’s financial statements for 1985? For 1986? For the interim period ending July 31, 1986? Would the level of assurance impact a forensic accountant’s mindset? Explain.
Answer to relevant QuestionsGo to www.sec.gov and obtain WorldCom’s Form 10- K405 for 2001. Using the income statement found on page F- 2 and the balance sheet found on page F- 3 of the 10- K405 form:a. Prepare a common- size balance sheet and ...As disclosed in the introductory case study, Barry Minkow served time in prison for his fraud. Using the Internet, research Mr. Minkow’s career following his release. In your research, explore the concept of “behavioral ...What is the agency problem?Identify and discuss the four basic elements of fraud as established by common law.Define rational choice theory and discuss its two components.
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