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THIS IS FROM THE BIGGER THAN ENRON MOVIE E) Discuss the fraud at Sunbeam involving the CEO Al Chainsaw Dunlop. What accounting mechanisms were abused?

THIS IS FROM THE BIGGER THAN ENRON MOVIE image text in transcribed
E) Discuss the fraud at Sunbeam involving the CEO Al Chainsaw" Dunlop. What accounting mechanisms were abused? Discuss the "Cookie Jar Reserves" or Slush-Fund" and how they work. What actions can be taken by an Auditor to ensu ure that such "Reserves" and Funds" are not established and abused by Management? [Hint: Retroactive Restatement vs. Current and Prospective Adjustments] E) Discuss the fraud at Sunbeam involving the CEO Al Chainsaw" Dunlop. What accounting mechanisms were abused? Discuss the "Cookie Jar Reserves" or Slush-Fund" and how they work. What actions can be taken by an Auditor to ensu ure that such "Reserves" and Funds" are not established and abused by Management? [Hint: Retroactive Restatement vs. Current and Prospective Adjustments]

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