Can you help me understand this Accounting question?
The Toshiba Accounting Scandal: How Corporate Governance Failed
by Mitsuru Misawa
Read the entire case
Answer any TWO of the following questions:
What could Toshiba have done differently after the accounting scandal was uncovered?
Can corporate scandals such as the one that arose in Toshiba be linked to the lifetime employment system that is typical in Japanese organizations?
How can companies create a fraud-resistant corporate ecology or culture?
How important is it that firms create a transparency forum? How does the Toshiba case support this view?
In what ways are Japan and the US different culturally? What elements of Japan’s culture contributed to Toshiba’s downfall?
Why did Toshiba’s internal audit function fail?
Internal vs. external auditors: How can auditors effectively detect company fraud?
For each of the TWO questions you selected, please
Prepare no more than a one-page, double-spaced response
Your grade will depend on the quality and thoroughness of your response to the questions you selected