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- Assignment 1 & “Instructor Insights” PostingsPosted on: Wednesday, October 23, 2013 Class,Listed below are some popular accounting frauds to consider for your Assignment 1 paper, which is due 10/29 before class. If you have any questions, please ask me earlier than later! Furthermore, I’ve posted the Chapter 2 & 3 games in the Week 2 Instructor Insights Section. I’ve also posted the Chapter 4 material in the Week 3 Instructor Insights Section.ZZZZ Best (1986) – Fraud involved a Ponzi schemeWaste Management Inc (1999) – Fraud involved Financial MistatementsXerox (2000) – Fraud involved falsifying financial resultsEnron (2001) – Fraud involved failed disclosure of off-balance sheet transactionsAOL (2002) – Fraud involved inflated salesFredie Mac (2002) – Fraud involved understated earningsTyco International (2002) – Fraud involved improper accountingWorldCom (2002) – Fraud involved overstated cash flowsBernard Madoff Investment Securities (2008) – Fraud involved a Ponzi schemeLehman Brothers (2010) – Fraud Invovled failed disclosure of certain transactionsAutonomy Corporation (2012) – Fraud involved accounting misrepresentations