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QUESTION

The topic: Parmalat Discuss: What specific audit procedures might have uncovered the Parmalat fraud earlier?

The topic: Parmalat

Discuss: What specific audit procedures might have uncovered the Parmalat fraud earlier?

How did the following area of risk in Parmalet’s control environment contribute to the fraud: integrity and ethics, commitment, audit committee participation, management philosophy, structure and authority?  Please make sure your answer is full of detail. 

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