WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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Q1. Does the fact that David Myers’s superior‚ Scott Sullivan‚ asked him to make the false accounting entries in WorldCom’s accounting records diminish Myers’ responsibility for his improper conduct? A1. I think Myers’ conduct towards in his professions should not be affected by anyone‚ even though making false accounting entries was Mr. Sullivan’s behest. Despite other factors‚ as a financial controller‚ integrity should plays as one of the most vital roles under any circumstance when making
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ACC460 –Auditing Video Case Fraud and Tone at the Top - Video Case Questions This video is an informative video made for accounting students and employees that outlines the danger of corruption and fraud in the workplace. The majority of the video is an interview with Walt Pavlo of MCI Worldcom. He explains his case and the steps that lead him to take the actions that landed him in prison. While he is telling his story two gentalmen describe how Walt’s story relates to the world of auditing
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The Evolution of a Director’s style: Baz Luhrmann Topic 1‚ by Chrysoula Soteriades Baz Luhrmann who is well known for his flamboyant and extravagant cinematic techniques‚ his contract with story telling by making audiences feel apart of his movies and his philosophy of not using naturalism all come together to make him one of the most well known directors of all time‚ in my opinion he has not completely evolved from his Red Curtain Trilogy up until The Great Gatsby because he is still as exaggerated
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In Shadow of a Doubt (1943)‚ Alfred Hitchcock creates many moments of suspense and mystery. Throughout the entire film the audience is taken through a ride of high moments of suspense and filled with a large impact of mystery. Personally this is one of my favorite films and I really liked the film imagery that Hitchcock used throughout the film. There were many moments where Hitchcock used a variety of his infamous techniques of cutting between scenes. In fact‚ Shadow of a Doubt was one of his favorite
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A film director‚ fundamentally‚ is the one with the most control over the creative aspects of a film’s production‚ but they are also much more than that - they are most often the driving force behind a film‚ with command over the cast members and production design‚ and are tasked with the most difficult endeavor of making their stories come to life. They take little pieces of their heart‚ soul and mind and put them in their films‚ and because of this‚ diminutive pieces of the director are permanently
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Citizen Kane (1941) is the most admired movie of all time. It wonderful mastery of film elements and intriguing storyline have warranted many studies of it. Orson Welles mastered the medium while approaching it in a completely new way. But many parallels can be found to his own life in this movie. His character Charles Kane especially follows many themes of Welles life. Most notably the overall theme and Orson Welles life. Everyone wants something they can’t have‚ and person and movie show a wonderful
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The way films are created and pieced together has progressed greatly over the past century‚ where before 1910 there was little use of film techniques such as special effects‚ animation‚ complex transition sequences and many more. However the introduction of film techniques have helped films gain a sense of genre and establishment as they were used to create specific intensities set out by the director; this is where roles corresponding to certain areas were introduced such as cinematographers‚ production
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Alfred Joseph Hitchcock‚ or ‘The Master of Suspense’‚ was born in August 13‚ 1899‚ in Leytonstone‚ London‚ England. He was a British filmmaker and producer who‚ in his 50 year career‚ greatly contributed to filmmaking’s growth as an art. His brilliance was sometimes too bright: He was hated as well as loved‚ oversimplified as well as overanalyzed. Hitchcock was eccentric‚ challenging‚ creative‚ and impassioned. Hitchcock started working as a title card designer for the London branch of what would
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