Auditing failure is also a key factor contributing to the Wedtech scandal. It is presented as a result of independence of auditing reporting and confirmation.On the one hand‚ even if auditors complied with auditing process on the surface (Berg and barbanel‚ 1987)‚ they are not independent since they were bribed to forge auditing reports.In 1982‚ Wedtech employed the Main Hurdman to financially audit its financial statementswhen it went to Initial Public Offerings. One of the auditing partners‚ Richard
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| A Trifecta Scandal | Arthur Waldon | | Charter College | | Conspiracy to steal more than a quarter billion dollars from insurance companies. The plot involved 10 doctors‚ 9 separate clinics in New York and 105 different corporations‚ and all in service in a health care fraud ring. It all stems from Russian-speaking immigrant population‚ to who grew up in a communist society that bred despite for the rules and a willingness to cheat around them. Come to find out this scheme is the
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The case of my client‚ Patricia Stallings‚ is one with great controversy. We have opened her case again because of substantial evidence of her innocence. I believe that my client is innocent of the charges the court has wrongly fully accused her of. True‚ at the beginning of the case it seemed like a classic case of an abusive mother poisoning her own child; however with the birth of her 2nd child‚ David Jr.‚ important new evidence was discovered. He suffered from the same symptoms that Ryan had
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league’s Chairman and Commissioner. It is currently contested by nine teams‚ consisting of players from around the cricketing world. ------------------------------------------------- However‚ the league has been engulfed byseries of corruption scandals. ------------------------------------------------- Controversies involving the Indian Premier League From Wikipedia‚ the free encyclopedia The Board of Control for Cricket in India (BCCI) has found itself in the middle of many conflicts with
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SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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Before the summer of 1972‚ the word "Watergate" meant nothing more than an office and luxurious apartment complex in Washington‚ D.C. As a result of a "third-rate burglary" on June 17 of that year‚ it came to be associated with the greatest political scandal of that century and would change the lives of the many people involved — especially President Richard M. Nixon. While doing his rounds at the Watergate Hotel in the early morning of June 17‚ 1972‚ security guard Frank Wills found a door‚ located
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“HP Lovecraft”‚ famed for his pioneering work in the genre of horror literature‚ was also a poet in addition to being a storyteller. Among all of his poetry‚ the one poem I find the most potent is Nemesis. This poem‚ it tells a harrowing tale of the titular nemesis. However‚ it is certainly not what most would first assume it to be. The nemesis is not a person‚ group‚ or thing‚ but rather the storyteller himself and his perspective on past experiences. The poem is a tale of how one man’s envy turns
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Charles Ponzi .. The Scandal !!! By: Rawan Al-Deraibi Class of: Prof. Alan J. Pan Who is Ponzi?!! Born in 1882 in Parma‚ Itlay‚ Charles Ponzi was the infamous swindler who payed out returns (To give money in exchange for goods or services) with other investors’ money. The "Ponzi scheme" is named after him. After running a highly profitable and expansive investment scheme‚ Ponzi was arrested on August 12‚ 1920‚ and charged with 86 counts of mail fraud. Owing an estimated $7 million‚ he pleaded
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Two teenagers utterly in love and best friends since the eighth grade who are now juniors in high school. Twas the night of their first official date and the hopeless romantic had butterflies in her stomach and was daydreaming of the perfect night that laid ahead. They went to her favorite restaurant and then went to the boy’s house to spend extra time together. In the blink of an eye‚ the girl lost her prince charming. As the girl tried to kiss the boy goodnight to leave he suddenly wanted more
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Edudemic writer Jeff Dunn recently wrote an article about a technology bus that is making headlines at a middle school in Mississippi. This bus‚ sponsored by the tech-ed company Promethean‚ is a vehicle filled with products that enrich the classroom through the latest technology tools‚ gadgets‚ and software. While it may be a smart marketing tool for tech companies‚ is technology bulldozing its way into the classroom? Traditional Schools Are Way Behind to Begin With Technological advancements
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