Question
Choose one of the companies listed in this article or find one of your own to increase your understanding of a major case of fraud
Choose one of the companies listed in this article or find one of your own to increase your understanding of a major case of fraud within an organization 7 of the Biggest Corporate Frauds in History | WTOP.
Describe the circumstances that surrounded the fraud, including but not limited to: Who was involved, financial impact and consequences. See below:
Detail nature of how it was perpetrated (i.e. control breakdown, mgmt override, collusion).
Were the control breakdowns of entity-level controls and/or process-level controls? Please support your argument.
What role, if any, did the internal auditors and external auditors play?
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