Auditing Case involving Accounting Scandal

• From accounting journals published for the industry, choose one recent article which references financial auditing case which resulted in the discovery of an accounting scandal.
• The article can come from the Internet or a hard copy publication such as the CPA Journal, The Accountant or The Accounting Review.
• Prepare a paper of the article which discusses:
  • 1) the public company being audited including its size and nature of the business;
  • 2) identifies the auditors and the audit procedures applied by the auditors to reveal the accounting scandal;
  • 3) the magnitude of the scandal and the penalties applied to those involved in the fraud; and
  • 4) what the public company could have done differently to prevent the fraud from occurring
• Provide your opinion and comments about the article

MAKE SURE YOU TAKE NOTE OF BELOW WHILE ANSWERING THE QUESTION. IF FOUND NOT COMPLYING ANY OF THE BELOW, ANSWER WILL BE IMMEDIATELY DOWNVOTED AND REPORTED TO CHEGG FOR FURTHER ACTION.

1. WRITE IN CONTEXT OF UNITED STATES (NOT INDIA OR ANY OTHER COUNTRY)

2. WRITE IN YOUR OWN WORDS. STRICTLY NO PLAGIARISM

3. 1000 WORDS MINIMUM