How audit committee and board fail in their responsibilities


Assignment

Case study: Nortel Networks Corporation

Read the Case Study: Nortel Networks Corporation: Ethical Missteps.

o After reading the case study, describe the ethical breach that was entered into by leadership at Nortel.

o Use the three components of the Fraud Triangle to evaluate the actions of the leadership.

o Describe how the tone at the top contributed to this fraudulent activity.

o How did the Audit Committee and Board fail in their responsibilities?

o Describe how various stakeholders (employees, stockholders, and the community) would have been affected by the actions of those in leadership.

Format your assignment according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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