Choose one case and answer the following questions what


Question: Read the following articles about two cases of financial statement fraud:

• "Anatomy of a Financial Fraud"

• "Dell Fined $100M for Accounting Fraud that Misled Investors"

Choose one case and answer the following questions:

• What type of financial statement fraud was perpetrated?

• What were the red flags (if any) in the case?

• How did the scheme come to light?

• What steps would you implement to prevent this type of fraud in the future? Did the external auditor in each case detect fraud? Why?

• How does this case differ from the other?

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Accounting Basics: Choose one case and answer the following questions what
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