Tutorial 5 1) Identify and explain the common types of Financial Statement Fraud schemes. 2) Explain the elements of financial statement fraud. 3) Explain the motives behind Financial statement fraud. 4) Explain how financial statement fraud can be prevented. Tutorial 7 1. What the 3 stages of money laundering. For each stage, provide an example with explanation. 2. Explain briefly the Anti-Money Laundering, Anti- Terrorism Financing and Proceeds of Unlawful Activities Act 2001. 3. Explain Tax Haven and Offshore Banking. Further explain how these avenues are misused by money launderers