Independently research one of the following companies that got caught in an accounting scandal in recent times.
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Question:
Independently research one of the following companies that got caught in an accounting scandal in recent times.
Use your own words to summarize this accounting fraud/scandal case. Include any detail you find relevant to provide important context, including but not limited to: background, description of the fraud, key person, company leaders, major court decisions etc…
Discuss about the corporate transparency, accounting principles and internal control policies and disciplines you learned from this class Draw linkage and conclusion on which area this fraud/scandal case validated internal control Brief recommendation for correction and future preventive precautions.
1- Enron
2- WorldCom
3- Tyco
4- Freddie Mac
5- AIG
6- Lehman Brothers
7- Bernie Madoff
8- Satyam
Use your own words to summarize this accounting fraud/scandal case. Include any detail you find relevant to provide important context, including but not limited to: background, description of the fraud, key person, company leaders, major court decisions etc…
Discuss about the corporate transparency, accounting principles and internal control policies and disciplines you learned from this class Draw linkage and conclusion on which area this fraud/scandal case validated internal control Brief recommendation for correction and future preventive precautions.
1- Enron
2- WorldCom
3- Tyco
4- Freddie Mac
5- AIG
6- Lehman Brothers
7- Bernie Madoff
8- Satyam
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