Accounting Fraud at WorldCom Vanessa Gail Woods Strayer University Connor-Green/ACC 576 March 21‚ 2010 Accounting Fraud at WorldCom The break up of AT&T opened the long distance service market to small companies during the mid- to late-1980s and 1990s. Long Distance Discount Service (LDDS) opened in 1983 with moderate growth until its stock went public in 1989. CEO Bernie Ebbers decided to grow the organization through acquisitions (70 companies over the course of its lifetime)
Premium Enron Audit Fraud
Social Implications of the Internet: On equality‚ human relations‚ and effort The internet or the cyberspace has rapidly grown since the start of the 21st century. I would reckon that there are more and more people in developing countries who have access to the internet and that the great divide is slowly decreasing. The world of technology and the age of information could be the main cause of its rapidity. Everyday the internet offers millions of new information‚ new products‚ and new methods of
Free Sociology Interpersonal relationship
Ethical Issues 29 January 2014 1. The author of the textbook‚ Barbra Mackinnon‚ cannot come to a specific definition of what exactly ethics is‚ due to the subject being defined by each individuals personal opinion. However‚ a general conclusion can be drawn‚ and that is that we tend to think of ethics as the set of values or principles held by individuals or groups. Another way of accessing the subject is to think of ethics as being the study of various sets of values people may have. This can
Premium Ethics Philosophy
ESSAY 2 TITLE: DRUG ABUSE AMONG TEENAGERS When you hear the word drug‚ what is the first thing cross on your mind? Most people think of drugs such as cocaine‚ weed‚ heroine and esctacy but not many people associate alcohol with drugs. In today’s society‚ the common problem among teenagers is the use of drugs. One of the significant reasons is teenager’s family problem. Teenagers from broken family or those who have lost their parents encounter the lose of place to depend on and the place to
Premium Drug addiction Addiction Emotion
Following are some of the most extreme examples of gross misconduct regarding fraud in our history. The Waste Management Scandal in 1998. They reported 1.7 billion in fake earnings by increasing the length of depreciation time for property‚ plant and equipment on the balance Page 2 sheets. The fraud was detected when a new CEO was brought in and the new management team went through the books. Motivation seems to be that this publicly traded company needed to keep stock prices up to keep investors
Premium Enron
Child abuse has many definitions in our world today‚ but only one definition in the dictionary. Child abuse is the infliction of injury on a person under the age of eighteen by a parent or legally responsible care taker. Although the legal definitions of child abuse and neglect vary from state to state‚ to put the definition simply‚ it is when a parent purposely harms a child. This type of maltreatment has become a leading cause of death for young children outstripping deaths caused by car accidents
Premium Child abuse Domestic violence
term “abuse and neglect of the elderly” and fully discuss the nature and extent of elder abuse. Substantiate your discussion with a case study or newspaper/internet article on the topic and discuss it in relation to the theory in your assignment Table of Contents General Information Title Page No. 1. Introduction 4 2. Definition of key concepts 5 2.1 Elder Abuse 2.2 Neglect 3. Nature and extent of elder abuse 6
Free Abuse Domestic violence Psychological abuse
The focus of this paper was originally threefold. I wanted to synthesize my thoughts on California’s inhuman style of agriculture‚ corporate (agribusiness) welfare‚ and America’s pandering do-nothing congress OF the special interests‚ BY the special interests‚ and FOR the special interests. I intended to intersperse discussions of these topics with many historical agriculture/legislation facts and events. Unfortunately my research time was greatly curtailed by my need to find employment ASAP this
Premium Agriculture United Farm Workers
IMPLICATIONS OF PHYSICAL DISABILTY Cerebral Palsy Cerebral Palsy affects people in different ways - some people experience minor motor skill problems‚ while others may be totally physically dependent. Messages from the brain can be distorted or mistimed causing increased muscle tension. Messages from the brain may also be mistimed‚ sent to the wrong muscle‚ or not sent at all. This affects the timing‚ quality and synchronisation of messages‚ generally resulting in erratic movement of the muscles
Premium Motor skill Muscular system Disability
AFM 351: Audit Strategies Satyam Fraud: A case of India’s Enron 1. Describe the governance structure at Satyam. What was the “tone-at-the-top” at Satyam during the fraud period? • • • • • • • 2. In terms of the confirmation of cash balances‚ what deficiencies can you identify in terms of the procedures followed in the Satyam engagement? • • • • 3. Ramalinga Raju was the Chairman of the Board His brother‚ Rama Raju‚ was the Managing Director and CEO They both had direct operational
Premium Auditing Audit Internal control