Read the following questions and respond according to the instructions at the end.
- What factors contributed to the "perfect fraud storm" at the turn of the century?
- What efforts have been made since to mitigate these factors?
- In what ways did the organizations involved in the fraud attempt to conceal it in the financial statements? How were these exposed and how could they have been identified sooner?
- According to the literature, which groups of people are more prone to committing financial statement fraud and what are their motivations?
Please submit a paper in a Word document of three to five pages in length, not including the title and reference pages. Calculations are not required in this assignment but may be included in your paper if you feel that they support your answers. Cite at least three resources supporting your responses, other than the course textbook. Your paper must be formatted in accordance with CSU-Global Guide to Writing and APA.
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