Question: Answer the following two questions: 1. After being named as a defendant in a corporate fraud case, the XYZ accounting firm was found guilty of
Answer the following two questions:
1. After being named as a defendant in a corporate fraud case, the XYZ accounting firm was found guilty of negligence and fined $25 billion. As a partner for the firm, what would you recommend as the next course of action?
2. As part of the preparations for a large financial statement fraud case, you issue a production request to see the other party’s bank statements. When the statements are provided to you, some of them are only photocopies. The opposing party claims that the originals were accidentally destroyed. What could you do in this situation?
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XYZs next course of action would probably be to appeal the decision handed down by the cou... View full answer
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