Question: The above information is only explaining examples. Any company would work!!! See above - Please research companies that have committed financial statement fraud. Please cite
The above information is only explaining examples. Any company would work!!!
See above - Please research companies that have committed financial statement fraud. Please cite your sources. After doing your research please answer the following questions: 1. What type of fraud was present? i.e fictitious revenues? Timing? Concealment? 2. How did the fraud happen? Who was responsible? 3. How much impact was there to consumers/banks stakeholders and shareholders? 4. How was the fraud detected? 5. How were the fraudsters punished? Jail time? Sanctions? Fines? 6. Why did senior management partake in financial statement fraud
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