This discussion forum explores ethics in accounting by examining accounting scandals. Accounting in large corporations has made the news in recent years. Using the Internet, look up corporate accounting scandals, and review the details of one of them that interests you. Answer the following questions:

• What was the name of the company and who within the company was involved in the scandal?
• Explain the accounting fraud that was committed during this scandal.
• Who were the parties affected by the scandal and how were they affected (list more than one)?
• What has been done to prevent this type of scandal from occurring again in the future? If nothing has been done, explain what you believe could prevent this type of scandal from reoccurring.