목차
1. Company Information
2. Financial Fraud
3. Auditor’s Role and Audit Procedures
4. Reference
본문내용
1. Company Information
The company conducted financial fraud that will be discussed in this project is Lehman Brothers Holding Inc. In the following paragraphs, we will briefly summarise the company size, industry, products and management team of the company.
1.1 Company’s size
Lehman Brothers was established in 1850 by Henry Lehman, Emanuel Lehman and Mayer Lehman. By the time of establishment, Lehman Brothers was only a small normal general store that mainly traded cotton. They joined the New York Stock Exchange in 1887 and underwritten their initial public offering in 1899. In 1970, they started their business in Asia and kept growing their business over the world, such as Japan, Hong Kong and Australia, etc. At the year of bankruptcy 2008, they were selected by Fortune Magazine as one of the Fortune 500 companies and the fourth largest investment bank in US, their employer all over the world was estimated to be 26,200.
출처 : 해피캠퍼스