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This is a group assignment. You will form teams of 6 members and each group will be assigned a scandal from the below list.

 

This is a group assignment. You will form teams of 6 members and each group will be assigned a scandal from the below list. Research about the scandal then prepare a poster to explain the following: 1. Company overview 2. Explanation of the scandal from accounting perspective (how the fraudulent activity was conducted and by who and why it is considered as a fraud) 3. Consequences and penalties Accounting Scandals: No Scandal I American Insurance Group (2005) 2 Lehman Brothers Scandal (2008) 3 Satyam Scandal (2009) 4 Bernie Madoff Scandal (2008) 5 Tesco Scandal (2014) 6 Mobily (2014) 7 Toshiba Scandal 2015 8 Alberta Motor Association 2016 9 Imalaysia Development Berhad 2018 10 Luckin Scandal (2019-2020)

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Answer Explanation TESCO SCANDAL 2014 The year 2014 saw one of the biggest aggressive acco... blur-text-image

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