ACC 640: Advanced Auditing Dr. Owhoso Case 4: Waste Management Due: 09/23/14 Summary: Waste Management‚ Inc. was an international provider of waste management services. What once started as a family-owned trash collection business in 1894 grew to be a leading company in the 1990s. The company had diversified into several waste-related ventures‚ including trash pick up for individuals‚ businesses‚ and municipalities‚ as well as recycling‚ methane gas removal
Premium Depreciation Waste collection Enron
Professional values‚ ethics‚ and attitudes. (AC 423) Group Assignment QUESTION: With the advantage of hindsight‚ what advice would you have given the Enron Board to avoid the 2001 disaster? GROUP MEMBERS 1. Augustine Kupara R082559R 2. Tonderai Nyamadzawo R082987G 3. Simbarashe Chaka R089613J 4 Brighton Nzvuvu R089824H 5. Walter Danger R082990X 6. Simon Chigwanda R075968L 7. Ashley Murisa R082991Y 8. Frank Garatsa R082988H 9. Presely Nheweyembwa R076037L 10
Premium Enron Auditing Audit
their deceptions and the government’s plan to avoid future incidents. WorldCom scandal brings subpoenas‚ condmnation By Andrew Backover and Thor Vladmanis Andersen’s partners chart firm’s future today By Greg Farrell Client-starved Arthur Andersen cuts 7‚000 jobs By Greg Farrell Dominoes hit WorldCom partners‚ clients By Michelle Kessler Adelphia plans to file Chapter 11 Cable firm expected to seek bankruptcy protection today NEW YORK -- The waiting should be over today. Adelphia
Premium Accounting scandals Arthur Andersen
The Enron Scandal One of the most popular business bankruptcies and collapses known to date is that of the Enron Corporation. Enron‚ once known as "America ’s Most Innovative Company" by Fortune Magazine six straight years from 1996 to 2001. Enron seemed to be doing very well until the summer of 2001 generating a lot of cash and new businesses‚ but in October of 2001 Enron was forced to disclose that their accounting practices had been very creative‚ and failed to follow generally accepted accounting
Premium Enron scandal Enron Arthur Andersen
Standard Issues: AICPA The American Institute of Certified Public Accountants has created a code of professional conduct that all certified public accountants must follow. This code of conduct lists the responsibilities CPAs have when working with a company ’s financial information. The AICPA also includes information regarding the integrity‚ objectivity‚ independence and due care that CPAs must use when working in the accounting industry. The AICPA offers an ethics course for accountants to refresh
Premium Certified Public Accountant Business ethics Ethics
MINICASE: MGMT - 01 BUSINESS ETHICS PROGRAM Family Business Topic: Compensation/Discrimination Characters: Jane‚ Manager‚ Payroll Department for R&S Electronic Service Company Brad‚ Owner of 1tdcS Electronic Service Company Eddie‚ General Manager Greg‚ Service Technician and Eddies brother Jane has just been hired as the head of the Payroll Department at R&S Electronics Service Company‚ a firm of 75 employees. She was hired by Eddie‚ the General Manager of the company‚ who informed
Premium Employment Management All rights reserved
brand equity from its original name‚ Andersen Consulting‚ to the new company name? To find a name that represents their company in a new face‚ the company put it as its top priority. Through marketing campaign‚ internet search‚ consulting outside firms‚ and employees’ participation worldwide‚ the company finally found its name‚ which is Accenture. During the process‚ the company was worry of how to transfer the brand equity from its original name‚ Andersen Consulting to the new name that customers
Premium Management consulting Accenture Brand
problems; GE and Westinghouse’s antitrust action in turbines; WalMart’s aggressive growth strategy and the loss of small town businesses; Wal-Mart and its labor and legal practices; and Wal-Mart with its “Buy America Program.” Now here comes Enron‚ Arthur Andersen‚ Global Crossing‚ Tyco‚ Martha Stewart‚ Disney (remember its privacy practices and guest safety issues)‚ Adelphia‚ Rite Aid‚ Nordstrom‚ the dot com bubble‚ Xerox and its large restatement of earnings‚ ditto Lucent‚ and who could forget Krispy
Premium Ethics Business ethics Enron
Columbia Law School The Center for Law and Economic Studies 435 West 116th St. New York‚ NY 10027-7201 Working Paper No. 207 Understanding Enron: It’s About the Gatekeepers‚ Stupid John C. Coffee‚ Jr. July 30‚ 2002 This paper can be downloaded without charge from the Social Science Research Network electronic library at: http://ssrn.com/abstract_id=325240 An index to the working papers in the Columbia Law School Working Paper Series is located at: http://www.law.columbia.edu/law-economicstudies
Premium Enron Audit Arthur Andersen
Sean Russi The Case of Phar-Mor Inc ACCT-525 October 31‚ 2012 Case Summary The case of Phar-Mor Inc was one of the biggest pre-Enron frauds that have been uncovered. Phar-Mor Inc established in 1982 Phar-Mor was a small little known discount drugstore. Phar-Mor became well known for offering medications at a 25-40% discount rate compared to your normal pharmacy store prices. Phar-Mor’s first six years of existence seemingly were
Premium Arthur Andersen Accounting scandals Enron