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1) what are accounting scandals and how it might generally impact the economy of a country. (200 words) 2)Background of HealthSouth company based in the

1) what are accounting scandals and how it might generally impact the economy of a country. (200 words)

2)Background of HealthSouth company based in the United States explain the accounting scandal of HealthSouth. Give a brief background of the HealthSouth followed by explanation regarding what went wrong in the company. You can talk about the parties involved and results of the scandal including the current situation of the company/legal proceedings. (800 words)

3) Accounting/auditing irregularities (approx. 800words) Here you need to talk about what accounting/auditing/financial reporting irregularities that were identified by the regulators/authorities.

4) Lessons learnt (approx. 400 words)

As a business and accounting student, what you feel about the strategies HealthSouth could have adopted to avoid the scandal. Any external factors(economic/cultural) that led to the scandal also can be discussed here.

Conclusion (approx. 300 words)

You need to summarise the main arguments in the above section. Any general recommendations about how a scandal like this can be prevented from happening in future can also be included.

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