Corporate Scandals

Research a major domestic corporate accounting scandal that made headline news and summarize your findings in a report that addresses the following questions:
1. How did the company manipulate financial statements or accounting data to mislead the investing public
2. Were there penalties levied on the company Did the company comply
3. Which new laws or regulations have been enacted by congress as a result of recent corporate scandals Have these actions been successful
4. Which government agencies are charged with managing corporate governance, and in your view, have these agencies been effective in protecting consumers Discuss this and use real-life examples.
5. Discuss the strengths and limitations of financial statements, ratio analysis, and financial reporting. Given the public dependence on financial reporting by companies to make informed decisions, how could investors protect themselves against corporate frauds
Your paper should:
1.) Be 3-4 pages.
2.) Cite a minimum of two academic, peer-reviewed scholarly sources to support your responses.