In Zzzz Best, Inc., Barry Minkow wowed Wall Street with his carpet cleaning company. What...

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Accounting

In Zzzz Best, Inc., Barry Minkow wowed Wall Street with his carpet cleaning company. What methods of concealment and fraud did he use? How could this fraud have been prevented? Discuss the safeguards that need to be implemented to avoid this manipulation. What do auditors need to do differently to avoid audit failures like Zzzz Best, Inc.?

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