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Part I: Provide a synopsis of the documentary film. What are your thoughts on the film? Your submission for Part I should be at least
Part I:Provide a synopsis of the documentary film. What are your thoughts on the film? Your submission for Part I should be at least two-three paragraphs in length.
Part II: Answer the following questions about the Lehman Brothers scandal. Please be sure that your responses are in-depth and well-researched. You must submit at least two outside references to support your statements and viewpoints:
- What was the role, purpose, and importance of Lehman Brothers Holdings Inc. organization? What global financial services were offered by this organization?
- Draft a formal timeline of the events that took place as part of the Lehman Brothers Scandal.
- Who were the perpetrators and what were their roles within the organization?
- What crimes and acts of corruption were committed as part of this scandal?
- What was the role of the company's auditor Ernst and Young? Does an outside auditor eliminate bias? Why or why not?
- Should external auditors be changed periodically to eliminate acts of fraud? Why or why not?
- How does the Fraud Triangle apply to this scandal? How does it detect and deter fraud in this specific case study?
- What impact did this scandal have on the global community?
Link to the film: https://www.youtube.com/watch?v=yyOnR2AMs-k
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