Question: a) How do accounting principles, along with effective internal controls, independent audits, and ethical behaviors, play a major role in preventing fraud and accounting scandals?

a) How do accounting principles, along with effective internal controls, independent audits, and ethical behaviors, play a major role in preventing fraud and accounting scandals? Explain how accounting principles help in minimizing accounting fraud. (10 Marks) b) Choose one of the significant accounting frauds the world has witnessed throughout history, such as Enron, WorldCom, or Satyam Computer Services. Provide a detailed explanation of the fraud, including the key fraudulent activities, consequences, and lessons learned from the case

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