The company you will research on is One Tel. In your groups, research on the company above on following questions/terms:

1. Provide brief description about the company? a. What was the purpose of company, structure, history etc?

2. Discuss the Corporate Governance and Internal Control Issues faced by the company?

a. What were the issues/scandals or earning management done?

b. How were they covering up for the issues mentioned?

c. If known, who was the external auditor and what was their purpose (where they help in this scandal), did they breach their contract or other internal control issues?

d. Was it legit in relation to accounting terms, standards and policies?

e. Other Important factors noted in research

3. Provide your insight on the case and research you just carried out? a. What did you learn from the case/company's scandal? b. Is corporate Governance and Internal Control Important? c. Any other issues or recommendation Answers to be uploaded in Word Document Format. Please follow the proper structure (Cover Page, Table of Content, Body, Recommendation/Lesson Learnt and Reference).