HealthSouth Corporation Case Study By Robert H. Barr‚ Jr. - © 2012 In 2002‚ HealthSouth Corporation was one of North America’s largest outpatient surgery‚ rehabilitation and diagnostic imaging companies. HealthSouth had over 1800 facilities in all 50 states plus the United Kingdom‚ Australia‚ Puerto Rico‚ Canada and Saudi Arabia. In 2002 HealthSouth had over 50‚000 people on staff in sales revenues in excess of $4 billion per year. HealthSouth worked with more than 85‚000 referring physicians
Premium Balance sheet Asset
make his major customer happy Pomerantz had to approve significant markdowns in Leslie Fay’s wholesale prices and grant those customers large rebate. In 1993‚ Donald Kenia‚ the company’s controller‚ took full responsibility for a large accounting fraud revealed to the press by John Pomerantz. Leslie Fay’s earnings had been overstated by approximately $80 million from 1990-1992 and about $130 million entries were fake. Upon the investigation of the Audit committee it was found out some audit tricks
Premium Balance sheet Fraud Names of large numbers
Forensic Accounting in New Zealand: Exploring the gap between education and practice. Jennette Boys Auckland University of Technology‚ New Zealand Abstract ‘Accounting practice has always been concerned with fraud’ (Lehman & Okcabol‚ 2005) The global business environment is rapidly changing and this has resulted in evolutionary changes in the skills accountants need to meet the requirements of their clients so they can continue to add value to their businesses
Premium Accountant Fraud Accountancy
1. The Hallmarks of the Renaissance a. Individualism b. Secularism c. Antiquity d. Skepticism 2. Renaissance Art Renaissance Women - Men married younger women - Resulted in many widows - Women could inherit property - In charge of nurturing children ○ Some say that’s why the arts.. - Upper class women enjoyed high degree of freedom - Still expected to obey husbands- still unequal Isabella d’Este (First Lady of the Renaissance) - Window - Leader of Mantua
Premium Renaissance Italy Middle Ages
Administration Curriculum‚ Mohammad Maruf Islam‚ author of this report was placed in Export Import Bank of Bangladesh Limited‚ Shimrail Branch‚ Shiddirgonj‚ Narayangonj by the Human Resources Division of EXIM Bank Ltd. as part of the internship program requirement. This report is prepared for the internship program consisting of a major in depth study of the “General Banking Activities of EXIM Bank Limited”. The internship program exercises a significant importance as it enables a student to familiar
Premium Bank Banking Cheque
successful completion of BBA program under Stamford University‚ Bangladesh and which aims to reflect the professional view of real world working experience and environment. As a student of BBA‚ Major in Accounting‚ internship is an academic requirement. For doing internship every student is required to work in a selected institution to enhance ones practical knowledge & experiences. For my internship I was sent to the Janata Bank Limited (JBL)‚ under the supervision of Ms. Rehana Fowzia‚ Assistant
Premium Bank Central bank
According to the COSO framework‚ there are five elements can be applied to analyze companies’ internal control systems. They are control environment‚ risk assessment‚ control activities‚ information and communication and monitoring. Here is my research of what went wrong in internal controls during the 2008 financial crisis using exhibit 6-6 with Lehman Brothers. Control Environment Lehman Brothers has a long history. Fuld led the company tide over the difficulties several times and achieve remarkable
Premium Internal control Risk
Motives for the cheats The motives for fraud are clear‚ it’s a financial crime. People can not pay the bills. They figure stealing from an insurance company which is big and greedy is no great moral wrong and no one will miss the money. However‚ even if the company is big and greedy it is still wrong. How people get caught by an insurance company Fraud units at insurance companies are experts. But the reason people get caught are for obvious reason. People make stupid mistakes. However‚ as a word
Premium Insurance
workers‚ while those‚ being small ones‚ are worth Taka 5.0 million to 100 million and/or employ 25 to 99 workers at the individual enterprise level and medium enterprises are worth Taka 100 and 300 million and/or employ 100 to 250 workers each. Bangladesh Bank and Ministry of Industry defined SMEs in line with the Industrial policy 2010 as follows: Table Value(replacement cost) of fixed assets excluding land and building No. of employees Small Industry Enterprise Manufacturing BDT 50 lac to
Premium Entrepreneur Entrepreneurship Loan
Phase 2 Planning Due: 18 May 2013 Required: Given the details established in phase 1 (Instigation) and further details below you are required to prepare a 1-2 page document stating your investigative hypothesis and then deduce your strategy for proving/denying your hypothesis. Your deduction should include a table with three columns stating the information you propose to review‚ where the data would be found and what you are specifically looking for in analysing the data. Information – what
Premium Money Receipt Food