The first case focuses on Madoff Securities and, in particular, the role that his accountant, David Friehling, played. Mr. Friehlings firm issued unqualified audit opinions going back at least a decade. You are required to research the critical issues surrounding the Madoff debacle, specifically as they relate to Mr. Friehling and his firm. This will involve preliminary background information on the Madoff issue as a whole as well as information specific to Mr. Friehling. Your paper should address the following: 1. The paper should have a good, solid opening that provides an insight into the topic and the issues that youve researched with respect to this case. For example, the opening can provide general background on Madoff Securities, the Ponzi scheme, etc., but the overall discussion should lead to the issues listed below. 2. Discuss key issues of the case as they relate to Mr. Friehling's actions, or inactions, in relation to the AICPA's Code of Professional Conduct. Identify and describe the issues and provide examples to clarify and amplify your discussion. (i.e: What rules, if any, did he violate?) 3. Discuss key issues, if any, with respect to Mr. Friehling and the SEC. 4. The paper should contain a clear and concise conclusion that summarizes the paper. 5. It should also contain a brief discussion wherein you opine (express your opinion) in the last paragraph or two on Mr. Friehlings conduct in this matter