Although each fraud is unique, there are commonalities among many of the major financial reporting frauds that

Question:

Although each fraud is unique, there are commonalities among many of the major financial reporting frauds that have taken place in the past decade. What are the major commonalities and lessons that can be learned through an examination of the frauds at Enron, HealthSouth, WorldCom, Addeco, Lucent, and Parmalat?