YOU WERE LOOKING FOR :Fraudulent Accounting Procedures at WorldCom and Enron
Essays 31 - 60
as consumers have an increased awareness of less tangible aspects, such as corporate governance and ethical and moral responsibili...
processes (Chidi, 2002). Some of the accounting techniques used at WorldCom in order to supplement R&D write-offs included the use...
in an accounting system that made many of the concealments that took place legal, or at least borderline, and the attitudes of tho...
The writer analyses survey results provided by the student. The survey was undertaken to determine whether or not attitudes toward...
fraud when accounting (Miller & Bahnson, 2005). In addition to the GAAP standards, some businesses, especially those outside the U...
not been given any authority greater than that which resides in with the Security and Exchanges Commission (SEC), which can cause ...
that other entity and realizes the accounting principle shift as discussed by Schmutte and Duncan (2005). The scope of variable i...
fraud, and it was with this we might argue there was the first loss of confidence in the auditors. This case limited the liability...
made available to all of the outside world including Wall Street analysts. The news of its financial problems came as a surprise ...
In this paper consisting of six pages using technology to automate accounting procedures is examined by determining a correlation ...
This 5 page paper discusses Hunt's book and provides an overview of basic cost accounting procedures and considers the importance ...
is in place the key element is that of accountability (Watts. 2007). Authority is also likely to be linked a system of authoriza...
businesses subtract the fair value of those stock options from revenue, considering them as proper expenses, others are content to...
In seventeen pages the ways in which data mining can detect fraudulent financial statements in auditing and accounting businesses ...
The companys auditor employed by Andersen allowed the misrepresentations to go uncorrected. Hamilton and Leeds charged: "Andersen ...
agreement -- why should the whistle blowers? This is precisely how the handful of individuals felt when they learned their corpor...
in unethical behavior, mostly in the area of accounting (Scharff, 2005). For one thing, the company moved line costs (those...
international services as part of WorldCom Inc which operates over countless seamless networks. In regards to revenues and traffic...
Romar, 2007). During this time, it acquired 65 firms and spent close to $60 billion for the firms (Moberg & Romar, 2007). Unfortun...
million in order to settle claims when it defrauded the General Services Administration (GSA) (2004). That occurred between 1999 ...
studying for the examination. At the same time, the student may demonstrate a greater awareness of the information they have alre...
post-discharge effects of chlorate hydrate, these parents/guardian reported unsteadiness, hyperactivity, poor appetite, vomiting a...
the market to the scope and scale of the scandal, but the way in which it impacted on individuals personally and received a great ...
to find that the market was quickly glutted and could not sustain itself; the infamous "dot com boom" around the turn of the mille...
share price performance. There are also the wider culture issues that encourage this and place an onerous duty on those who may be...
is precisely what Enron did (Thomas, 2002). Because of this, Enron, before everything collapsed, boosted valuation estimates, with...
problems were already apparent. In the annual accounts, debts had been understated and profits had been overstated to the amount o...
This approach was legal and acceptable under FASB rules at the time. The Enron-specific problem arose when Enron did not consolid...
does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...
of international standards. It is only if there are international standards that international stakeholders may be able to see acc...