Pick a public (US based) company that has recently (in the past 3-4 years) been featured prominently in the news as having experienced fraud and/or gross negligence (reporting or accounting), on the part of its management such as Enron, World Com. etc. Then in an essay of 250--300 words, discuss how a good system of internal control may have prevented the problem and or detected it sooner (Example: SOX Audit) Describe what could have been done differently and by whom.

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