9-104-071 REV: SEPTEMBER 14‚ 2007 ROBERT S. KAPLAN DAVID KIRON Accounting Fraud at WorldCom WorldCom could not have failed as a result of the actions of a limited number of individuals. Rather‚ there was a broad breakdown of the system of internal controls‚ corporate governance and individual responsibility‚ all of which worked together to create a culture in which few persons took responsibility until it was too late. — Richard Thornburgh‚ former U.S. attorney general1 On July 21‚ 2002
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Eddie Fraud Case Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. Growing up poor he had dreams and aspirations of becoming a household name. At the age of 20 years old‚ Antar opened up his very first store‚ Crazy Eddie. Crazy Eddie was an electronics store that specialized in low prices and a party atmosphere. The business did very well in its startup years and began to grow. Not long after Antar opened up his first store‚ he opened up another. From the get
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City Civil Court Appeal is filed by the defendants in O.S.No.327 of 1994 on the file of the III Senior Civil Judge‚ City Civil Courts‚ Secunderabad‚ are the appellants herein. The suit was filed for recovery of Rs.2‚00‚000/-. 2. According to the case of the plaintiff‚ the first defendant was offered as Programmer Trainee vide letter dated 26-03-1993 on a consolidated stipend of Rs.2‚250/- per month and the first defendant signed the letter of appointment on 05-04-1993 agreeing the terms and he
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in school is a good way to start. Based on the Recycle Now Schools.com website‚ an average student wastes about 22kg per year‚ which is a massive amount of paper wasted. In this age of technology‚ there has been great emphasis on Web-based learning as opposed to traditional pen and paper. An app called “Link2Work” could be fashioned‚ and introduced to all smart phones. With this‚ students just need to click on it and an array of their subjects would be shown. Each subject icon would lead to another
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EFFECTS OF TOURISM ON WASTE DISPOSAL What is tourism? Is the commercial organization‚ operation and travelling for recreation‚ vacation‚ business or visit to interesting places. The people going o these visits are called tourists. What is waste disposal? Waste management is the collection‚ transport‚ processing‚ recycling or disposal‚ and monitoring of waste materials. What are the Effects of Poor Domestic Waste management? Solid wastes‚ when improperly disposed off can be an environmental
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Recycling of Food Waste in Tsuen Wan A. Introduction From the Environmental Protection Department‚ 3584 tonnes of food waste are produced in Hong Kong everyday and it fill up all the landfills in Hong King. To reduce food waste‚ the government propose recycling of food waste. The following report will analyse the opinions on whether the government should carry out recycling of food waste in Tsuen Wan. Food waste is defined as uneaten food and food preparation wastes from residences and
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Private Sector Participation in Solid Waste Management in Kathmandu Section Chief‚ Solid Waste Management Section Kathmandu Metropolitan City September 19‚ 2002 1.1 Overview of Kathmandu Kathmandu Valley‚ which provides the physical setting for Kathamndu Metropolitan City (KMC)‚ is situated between the latitudes 270 32’ 13” and 270 49’ 10” north and latitudes 850 11’ 31” and 850 31’ 38” east. It covers an area of about 667 sq. km and its mean elevation is about 1350m. above sea level
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Auckland’s Waste Management and Minimisation Plan The Auckland Waste Management and Minismisation Plan or AWMMP is an act created by the Auckland super city council to better Aucklands waste systems and cut down on the amount of waste it produces. History Until October 2010 Auckland had a system of 7 different councils that each controlled their own waste management systems. while this worked well in the ealier years of aucklands history from around late 1800’s to mid 1900’s it starte to become
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AN EVALUATION OF FORENSIC ACCOUNTANTS TO PLANNING MANAGEMENT FRAUD RISK DETECTION PROCEDURES ABSTRACT The study of the evaluation of Forensic Accountants to planning management fraud risk detection procedures aimed at investigating the relative merits of involving Forensic Accountants during the planning stage of developing an audit plan that will effectively identify Management fraud. Both primary and secondary sources of data were used for the study. Thirty five copies questionnaire were distributed
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A CASE STUDY ON ENRON CORPORATE FRAUD (2001) Submitted by: AMIT SHARMA PGDM (016)/09-11 What is FRAUD? In the broadest sense‚ a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime‚ and is also a civil law violation. Many hoaxes are fraudulent‚ although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type
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