https://www.sec.gov/litigation/admin/2019/33-10701.pdf

3.1. What are the two types of fraud presented in AS 2401? (cite the reference (AU-C 240 or AS2401) and the page number(s).

3.2. Six (6) fraud types were presented in the class slides (Overstate revenues/assets; Fictitious revenues; Timing differences; Conceal liabilities/Understated Expenses; Improper disclosure; or Improper asset valuations). What type(s) of fraud did your company commit (or was charged with committing)? List the type(s) of fraud and describe why you chose that specific type(s). Your response should include a description of the type of fraud and the fraud committed by your company.

3.3 Discuss the existence of the risk factors from AS 2401 (AU-C 240) as they relate to your company. Specifically identify the risk factor (fraud triangle element), symptom(s) within the fraud element as listed in the AS 2401 (AU-C 240), and information about your company for each risk factor.

4. According to the legal definition of fraud, did your company commit fraud? Only consider the legal definition of fraud and the information you obtain about your company to respond to this question. You must justify your response.