What were motivating factors that led to the fraud at nortel

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Question 1. Describe each of the financial shenanigans used by Nortel and how they manipulated earnings.

Question 2. What were the motivating factors that led to the fraud at Nortel? How should the auditors have considered these factors and the culture at Nortel in its risk assessment?

Question 3. Assume you had to prepare an assessment of internal control over financial reporting at Nortel, what would your conclusion be and why?

Question 4. Does it appear from the facts of the case that the Deloitte auditors met their ethical and professional responsibilities in the audit of Nortel's financial statements? Be specific.

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Reference no: EM132660370

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