Page 15 - Patisserie Valerie Teaching Note
P. 15

Assessment Questions





               Q1.  How did the fraud at Patisserie Holdings plc happen
                       and what could have been done to mitigate it?





               Q2.  What happened to make the Patisserie Holdings plc go
                       downhill so quickly?





               Q3.  it is very difficult to explain how such severe fraud was

                       not picked up or at least why it wasn’t confirmed earlier

                       on.





               Q4.  “You’re a purchaser going in now to try and understand
                       what you are buying, are you buying a good business

                       which has been defrauded or are you buying a bad

                       business that was made to look good by a fraud?”




               Q5.  Should auditors be responsible for detecting fraud

                       within companies the audit?


                                                                  Discuss


               Q6.  Why was Mike Ashley's Sport's Direct interested in

                       Patisserie Valerie?
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