Choose one of the companies mentioned in the discussion of ethical lapses. Research what happened by using library resources or the Internet.

Required: 

As a group, make a presentation to the class, which addresses the following points:
(1) Describe the company's situation prior to the ethical problem. (2) Explain what happened with questionable ethics. (3) Was there any alleged illegal activity? (4) Do you see any implications in the case for the company's managerial accountants? Explain. (5) Were any of the ethical standards listed on pages 27 and 28 violated? Explain.