Instructions:

Read the following article regarding accounting fraud in the United States.

Zachary, B. (2022) Analyzation of audit procedures in the wake of the early 2000s. Accounting scandals. University of Nebraska at Omaha Theses/Capstones/Creative Projects. 173. https://digitalcommons.unomaha.edu/cgi/viewcontent.cgi?article=1184&context=university_honors_programLinks to an external site.

Answer the following questions:

1. What were the pressures and series of events that led WorldCom, Enron, and Tyco International executives and managers to commit fraud? Discuss each case separately.
2. Explain in detail the environment and all the events that led to the discovery of financial fraud.
3. Explain how the Sarbanes-Oxley Act of 2002 improved auditing and public disclosure in response to the accounting scandals that emerged in the 2000s.
4. Recommend three procedures that any organization should outline to prevent similar fraud.

Contribute a minimum of (2) pages.