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What was the role of accounting and audit in ensuring or mitigating the challenges faced by affected banks? How was that role implemented? Do you

What was the role of accounting and audit in ensuring or mitigating the challenges faced by affected banks?
How was that role implemented?
Do you think that accounting and audit helped to hide management manipulation or rather do you think it contributed to highlight management failure?
Do you believe the regulators of the accounting and audit practices in Ghana were effective in their regulatory roles and whether their mode of regulation could or may have contributed to the crisis. (Kindy suggest ways of making the regulator(s) more effective in case you believe they were / are not.
Can you compare this case to other cases in the world or through history?
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