Select an accounting scandal from the listing provided in class. Research the scandal and develop a PowerPoint presentation that communicates the following:Bernard L. Madoff Investment Securities LLC 2008. Audit firm: Friehling & Horowitz Background of the Company in which the scandal occurred Detail of the fraudulent activity that occurredo Who was involved?o What controls failed? Develop controls that would have help prevent/mitigate the occurrence of the fraudulent activityo Based on what youve learned from the course why would these controls work? Give your opinion If there are no controls that could have prevented the scandal from occurring explain why
