Consequences Of Audit Failure In Bank Of America Response

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please search the audit failure case in the company that is Bank of America
CPA firms frequently get sued over so-called audit failures and all the firms have from time to time paid out large settlements…in some cases the suits and payouts have jeopardized the firm’s existence…
Please identify and write about the consequences of a recent audit failure…
be sure to answer the who, what, where, when, why and how of the situation…what were the implications to the firm/individuals…
Your memo should be single spaced, two pages, times roman 12 font, left margin justified, etc. (see the grading rubric)

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