1. Write a research paper describing the issues surrounding the company and describe any company policy or policies in relationship to their impact on public audits/accounting.
2. Provide the following elements in your paper:
3. An executive summary identifying the company, the fraud, the affected stakeholders, and the ultimate resolution
4. A brief history of the company
An analysis of the auditor's role in the fraud, including any auditing standards that the auditors did not follow
5. Identification of internal controls that were circumvented or lacking that could have prevented the fraud
6. Identify accounting policies currently in effect that are designed to prevent similar problems from occurring again, or, if no policy exists, propose a solution that would prevent a recurrence.