Audit and Evidence
Players and Roles
Collapse and Consequenses
100

This level of assurance is provided by a review; its lower than an audit and mainly uses inquiry and analytics

Limited assurance
100

This founder was the boy wonder under ZZZZ Best?

Barry Minkow

100

This newspaper ran the mid May 1987 article that triggered the collapse

Los Angeles Times

200

This SEC filing is required when a public company changes auditors

8-K

200

This person confirmed the fake restoration contracts and was part of the scheme.

Tom Padgett

200

This trading strategy helped push the stock into a tailspin after the article

Short selling

300

This key management assertion was critical for restoration contracts whether the jobs actually happened

Occurrence

300

The auditor performed the full scope independent audit for the year ended April 30, 1986.

George Greenspan

300

By the time the auditor exhibit letter became public, ZZZZ Best had filed this type of bankruptcy protection

Chapter 11

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