1. Discuss the nature of accounting misstatements and the implication of each to fair presentation of the financial statements.
2. Discuss how the pressure to perform on Wall Street (short-term performance)may influence an organization decision to misstate its financial performance.
3. Discuss how executive compensation being tied to financial performance may become problematic for an organization's financial results.
4. Discuss the controls that management should implement to ensure that financial statement fraud is avoided.