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Bernie Madoff Scandal Auditor. A Critical Analysis of Bernie Madoffs Historic Securities Fraud ACCOUNTING AND LAW. The Bernie Madoff accounting scandal remains one of the most shameful events in the history of the financial industry.
Apart from external auditors internal auditors have the responsibility of ensuring a sound internal control system as well. Another significant person in the scandal was Madoffs accountant and the firms auditor David Friehling. Madoff ran Bernard L.
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Once viewed as one of the foremost experts in the stock market Madoff held positions as the Chairman of the Nasdaq and the founder of Bernard L. The investment scandal perpetrated by Bernard Madoff is the largest financial fraud in the history of capitalism. Madoff ran Bernard L. The Bernie Madoff accounting scandal remains one of the most shameful events in the history of the financial industry.