Question
1. Case 1 The accounting fraud is Lernout and Hauspie Speech Products To help you, please refer to SEC release 17782 dated October 10,2002 Case
1. Case 1
The accounting fraud is Lernout and Hauspie Speech Products
To help you, please refer to SEC release 17782 dated October 10,2002
Case 2
The accounting fraud is Cal Micro Corp.
To help you, please refer to SEC litigation release 14776 dated January 4, 1996.
Issues to be discussed what was the specific GAAP violated
What factor played a role in the occurrence of the fraud
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Fundamental Financial Accounting Concepts
Authors: Thomas Edmonds
7th Edition
73527122, 978-0073527123
