Question
Please elaborate on one of the two accounting scandals mentioned in Interview with Kevin G. Burns in the Learning Activity titled Preparation of Financial Statements.
Please elaborate on one of the two accounting scandals mentioned in Interview with Kevin G. Burns in the Learning Activity titled Preparation of Financial Statements. Provide a brief summary of the issue and describe any recent updates about the key players in the scandal (i.e., Where are they now?). Name one other company that was not mentioned in this interview that has had an accounting scandal related to a lack of transparency. Explain the issue and how it was discovered. Would Mr. Burns description of transparency in financial reporting have benefited this organization? If so, how?
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