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processes (Chidi, 2002). Some of the accounting techniques used at WorldCom in order to supplement R&D write-offs included the use...

savvy ways of getting things done. That is, until the fall of 2001. The nation, already shocked and stunned by the tragedy...

its current ratio is understandable. WorldComs values in these two ratios reflect its precarious operation position. Neith...

for loans themselves (assuming that the partners themselves are some type of financial institution) or that the Limited Partners p...

were quite basic and included such terms as assets, revenues and expenses. FASB further categorized elements of the financial sta...

employees - and even the economy. In the end, no one has benefited from either situation, because the methods were done in secrecy...

of rate annual accounts have to be audited to ensure that they are presenting an accurate picture of the business during the perio...

having done so. Performance measures in general help to provide a composite of the respective hospitals financial viability, howe...

thousands of businesses around the world" (Moberg and Romar, 2002). It also carried "more international voice traffic than any oth...

the job is viable. The higher the cost of moving the less likely it will be viable, However, there may also be other consideratio...

quality audits and staff - the company valued the quality audits more than short-term profits (Brickley et al, 2006). During the e...

and Adnan Kisa (2006, July-September). Wasteful use of financial resources in public hospitals in Turkey: a trend analysis. The...

(Fixmer, 2002). Network security. By 2002, there had been few lawsuits in this area, but even then it was recognized as on...

made available to all of the outside world including Wall Street analysts. The news of its financial problems came as a surprise ...

we also know that its listed expenses for its franchises are fairly small (7-Eleven, 2002). Unfortunately, there is no indication ...

5 pages and 3 sources used. This paper provides an overview of the process of financial management in the corporate setting, with...

these contributions finds one incorporating the interests of ethics and morality within the corporate structure, essential concept...

a result of ending some of the companys more obscure partnerships (Leonard, 2001). And, it was these partnerships that severely h...

for bankruptcy due to its inability to hide such tremendous losses any longer. It took a matter of three month for the company to...

This demand is impacted by information regarding that share as well as market conditions. In the case of Enron and WorldCom the we...

corresponding functional interest in them * The interests of all stakeholders are of intrinsic value (Donaldson et al, 1995, pp. 6...

of philosophy dealing with right and wrong and the morality of motives and ends" (Shaughnessy, 2002, p. 20). But questions of ethi...

effect to such things, and these situations are no different. When people lose jobs, families suffer, economies suffer, communiti...

known as the going concern concept1. In looking at the viability of the business the potential creditors are seeking to ensure tha...

principles of accounting in the U.S. (Larson et al, 2001). Since that time, a number of authoritative bodies have been instituted ...

as consumers have an increased awareness of less tangible aspects, such as corporate governance and ethical and moral responsibili...

as CEO and Chairman on February 4, 2002; Jeffrey K. Skilling, former CEO and Director; Andrew S. Fastow, former chief financial of...

derivative, why its typically used and how its typically used. Following that, we can go in depth into both Enron and Worldcom, an...

and diligence and independence at the auditing level" (Anonymous, 2003). From a broader perspective, one of the main reason...

In the financial markets are regulated by the Securities and Exchange Commission (SEC). The principal purpose of the SEC is to "pr...