Question: Question 7 (20 marks) Identify ONE corporate financial fraud. Using this case, DISCUSS The background of the company (ie business activities and corporate governance
Question 7 (20 marks) Identify ONE corporate financial fraud. Using this case, DISCUSS The background of the company (ie business activities and corporate governance of the company (ie Board of Directors stewardship and monitoring mechanisms practices) The causes of the financial frauds (give at least THREE causes) Investment and Risk Management strategies practices by the company Recommendations (give at least THREE solutions) to resolve the financial fraud issues. The solutions must be able practical in safeguarding the company's prospect, financial viability, going concern and providing required return to investors and lenders for the risks imposed by the business activities and environment.
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