Question
provide a brief synopsis of the accounting fraud that took place at the XL Fleet Corp. (discussion of the accounts involved and how they were
provide a brief synopsis of the accounting fraud that took place at the XL Fleet Corp. (discussion of the accounts involved and how they were misstated, etc.).
2. Summarize the ethical failing that the company encountered. Explain: a. The ethical failing b. How it was discovered, c. Who the stakeholders were (impacted individuals and/or groups of people) d. What the impact was for the stakeholders e. What the current status of the issue is (consequences, actions that have been taken, status of the company, outcomes of the fraud, etc.)
3. Based on your understanding of the problem and careful thought about the issues at hand, what was the primary cause(s) that led to the ethical failing? a. reference the Fraud Triangle
Based on your understanding of the problem, how could this have been prevented?
If you use any sources please let me know what they are.
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