In this assignment, you need to delve into the intricate details surrounding the world's corporation's accounting fraud scandals such as Enron Scandal, WorldCom Scandal, Tyco Scandal, HealthSouth Scandal, American International Group (AIG) Scandal, Lehman Brothers Scandal, Bernie Madoff Scandal, and Luckin Coffee Accounting Fraud. Please note you only need to select one scandal case and conduct an in-depth analysis. The case study aims to provide a comprehensive analysis of the reasons behind corporate financial failure, scandals, and eventual bankruptcy, as well as the consequences and the company's subsequent liquidation solutions. You are required to conduct extensive research on the histories, financial statements, corporate governance structures, and key events leading up to the demise of the company. Through critical analysis, you will explore various factors such as unethical practices, fraudulent activities, poor internal controls, and regulatory failures that contributed to the downfall of these companies. The case study, you are required to: Identify and analyze the key factors and core parties such as top management team, corporate governance, audit committee, internal auditors, external auditors and key fraudulent schemes that led to the financial collapse and scandals of companies. Examine the role of corporate governance, including board oversight, management practices, and internal controls, ethics, regulation in detecting and preventing such failures. Evaluate the consequences of the financial scandals and bankruptcy on stakeholders, including shareholders, employees, creditors, and regulators etc. Discuss liquidation solutions for those companies, considering legal proceedings, asset disposition, and debt restructuring options, etc. Draw conclusions highlighting lessons learned and implications for corporate governance, risk management, regulatory oversight, accounting disclosures, auditing etc. Through this assignment, you will gain a deeper understanding of the complexities surrounding corporate financial failures, scandals, and bankruptcy. You will also develop critical thinking skills by analyzing real-world case studies and exploring the ethical and legal dimensions of corporate conduct. Additionally, you will have the opportunity to reflect on the broader implications for business ethics, corporate governance practices, and regulatory frameworks in the contemporary global economy.