The past several years have seen a number of significant accounting scandals uncovered across the business world. Scandals in companies ranging from tech companies like Hewlett-Packard and Groupon to the camera and medical equipment maker Olympus and other notable companies.

1. Research online news sites to find a recent accounting scandal, and using concepts in Chapter 17, describe the violations committed by the company.
2. How can future accounting frauds best be prevented? Explain your answer.

NOTE: Please make comment to the question directly