To conduct your research, choose as a case study one of the companies listed below, or obtain approval from your instructor to use a public company not on the list.

Bankrate Inc.

Children's Cancer Fund of America

Health Management, Inc.

Jamaica Water Properties

The Leslie Fay Companies

NextCard, Inc.

Crazy Eddie

ZZZZ Best

Your report must describe the issues surrounding the company and any company policies in relationship to the impact those might have on public audits/accounting.

Provide the following elements in your paper:

An executive summary identifying the company, the fraud, the affected stakeholders, and the ultimate resolution

A brief history of the company

An analysis of the auditor's role in the fraud, including any auditing standards that the auditors did not follow

Identification of internal controls that were circumvented or lacking and that could have prevented the fraud

Identification of accounting policies currently in effect that are designed to prevent similar problems from occurring again, or, if no policy exists, a proposal for a solution that would prevent a recurrence.