There should be at least seven references. All of these should be taken from the Internet. They should be from authoritative sources, such as from business and accounting periodicals – not merely statements from an individual’s Web page.

Topic: WorldCom Fraud Case

The paper should address the following:

1. The nature of the fraud, how it was carried out, and by whom.
2. How the fraud was discovered/exposed. Were internal, external auditors, or forensic
accountants involved in unraveling the fraud?
3. The stakeholders affected by the fraud.
4. The corporation and/or government response.
5. Whether you agree with the response.
6. Suggested steps that could have mitigated or prevented the misconduct.

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