What specifically was the gaap violated, Financial Accounting

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What specifically was the gaap violated

Problem

The following concerns two cases not discussed in class. The goal is for you to apply what was covered in class to a new situation Address the following issues and support your answer by citing text in the case: Accounting versus Economic fraud Fraud triangle component What specifically was the GAAP violated? Explain what the violation was (i) SEC Litigation Release 19066 dated 2/8/05 Elan Corporation (ii) SEC Litigation Release 15680 dated 3/25/1998 Sensormatic Electronics Corporation.

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