Search for following information online: a.WorldCom fraud b.Background of the CEO, Bernie Ebbers c.How WorldCom’s market capitalization grew to one of the largest firms in the US d. Information on the trial and related court testimony that convicted Bernie Ebbers e. The internal audit team’s role in discovering and reporting the fraud to the Board of Directors, and f. The role WorldCom's Controller played in the fraud. Question 1: Specify how would owning and operating a small family business, like WorldCom at a time in history with rapid development and growth, create potential temptations and opportunities to commit fraud? Question 2: As an expert witness asked to testify whether the journal entries recording fictitious revenues were fraudulent, whether the journal entries that improperly capitalized operating expenses as assets on the balance sheet were fraudulent. What facts would be highlight and included in evidence to support the testimony as an expert witness?

Search for following information online: a.WorldCom fraud b.Background of the CEO, Bernie Ebbers c.How WorldCom’s market capitalization grew to one of the largest firms in the US d. Information on the trial and related court testimony that convicted Bernie Ebbers e. The internal audit team’s role in discovering and reporting the fraud to the Board of Directors, and f. The role WorldCom's Controller played in the fraud. Question 1: Specify how would owning and operating a small family business, like WorldCom at a time in history with rapid development and growth, create potential temptations and opportunities to commit fraud? Question 2: As an expert witness asked to testify whether the journal entries recording fictitious revenues were fraudulent, whether the journal entries that improperly capitalized operating expenses as assets on the balance sheet were fraudulent. What facts would be highlight and included in evidence to support the testimony as an expert witness?