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Intermediate Accounting Discussion Question
Research the Internet to locate one (1) article detailing a financial statement fraud that occurred in the past two (2) years.
"Financial Statement Fraud" Please respond to the following:
- Describe the fraud that had occurred, and suggest the primary way in which the parties involved could have prevented the fraud in question.
- Imagine that you are an investor in the company that you have researched. Give your opinion on whether you would continue to invest in the company or whether you would sell your company stock. Explain your rationale.