Using fraud theory, analyse and explain the fraud committed by David Brooks. (10 marks) Research and critically discuss whether the fraud committed by Brooks could have risked the collapse of DHB Industries Inc. in 2004. Justify your opinion, stating any assumptions. (12 marks) (a) Analyse the Balance Sheets and Income Statement (Statement of Operations) for the 2004 and 2003 nancial years using the following methods to detect red ags which suggest the likelihood of nancial statement fraud: (i) Ratio analysis using 5 appropriate ratios (ii) M Score 5 variable model (b) Discuss the red ags, if any, which you have detected in part 3(a) above. ((5 + 10 marks) + 5 marks = 20 marks) Using fraud prevention theory, critically discuss: (a) how members of the audit committee failed to prevent the fraud at DHB, and (b) what strategies could have been implemented by DHB to prevent the fraud. (2 x 6 marks = 12 marks) Assume DHB is a company registered in Singapore, frame 5 questions you would ask Brooks to consider whether he could be prosecuted for the fraud offence 'falsication of accounts' under S447A of the Penal Code