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List and discuss the unique difficulties of detecting fraud

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Reference no: EM132916469

The SEC press release above explains that the company tried to conceal the fraud by inflating the company's expenses. Discuss your understanding on the mechanism through which the company can conceal the overstatement of revenue by inflating the expenses. You can think about this in contrast to last week's Wirecard case where the company overstated the cash balance.

Question 1: List and discuss the unique difficulties of detecting fraud committed by international companies listed in US stock market.

Reference no: EM132916469

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