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The Enron Case has opened a lot of issues in the accounting side of business, particularly with the Fraud Schemes used by the executives. There
The Enron Case has opened a lot of issues in the accounting side of business, particularly with the Fraud Schemes used by the executives. There are three broad categories of fraud schemes, fraudulent statement, Corruption, and Asset Misappropriation.
1. Identify how each fraud schemes occur and what could have been done by the management to prevent those. Cite internal controls that could have been in place to mitigate the fraud schemes.
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