Did Mickey Monus' role as an entrepreneur make it easier for him to perpetrate this fraud? Explain your reasoning.

If you were an investor in Phar-Mor, what questions would you have wanted answered?

Were there clues that the accountants/auditors missed and if so, what?

What were the key ethical issues that the accountants/ management team faced and how to you think they should have responded as the fraud unfolded?

pur-new-sol