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Question: Find a company (or other public entity) that has been the subject of a financial statement fraud in the last 3-5 years. Pull that company's financial statements (and public announcements) for 3-5 years before the fraudulent financial statement. Perform an analysis (potentially a ratio analysis) as well as reading the notes, MD&A and announcements. Describe the fraud, the red flags for the fraud, and how you would approach the fraud examination.
You must include all of the financial statements, annual reports etc. you have worked off in your submission. You must also cite all sources used and include a bibliography at the end of your paper.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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