How he pressured staff to cook the books

Assignment Help Accounting Basics
Reference no: EM132864151 , Length: 6

You have a 5 to 6-page double-spaced APA paper based on the required reading of, Extraordinary circumstances: The journey of a corporate whistleblower (Cooper, 2009). Discuss the following questions demonstrating what you have learned, cite with at least 3 relevant sources.

Question 1. Exploring the context of the corporate culture at WorldCom, explain the philosophy of CEO Bernie Ebbers and how he pressured staff to cook the books. What roles did David Myers, Scott Sullivan, Buford (Buddy) Yates, Betty Vinson, Troy Normand, and Charles Cannada play?

Question 2. When Cynthia Cooper and her staff had started their investigative work, which had to be done at night, in secrecy, discuss what you found to be internal control weaknesses within the company and why Bernie Ebbers prohibited Cooper from using the words internal controls in audit report.

Reference no: EM132864151

Questions Cloud

Journalize the adjusting entries : Prepaid insurance, beginning, $700. Payments for insurance during the period, $2,100. Prepaid insurance, ending, $800. Journalize the adjusting entries
What are pricing advantages in contracting with government : Determine which major concern you believe is the most important to address. What are some pricing advantages in contracting with the government
How jv would be benefitting consumers : Make sure that your ad is factual and encouraging in order to attract further interest.
Relationships involving long-term social obligations-favors : Guanxi is a system of personal relationships involving long-term social obligations and favors, which is instrumental for doing business in China.
How he pressured staff to cook the books : Exploring the context of the corporate culture at WorldCom, explain the philosophy of CEO Bernie Ebbers and how he pressured staff to cook the books.
Data gap analysis for an organisation or project : How to complete data gap analysis for an organisation or project (a commercial start-up, community project or social enterprise).
Provide entries on issuance : The bond sold for $7,900,000 when the market interest rate was 8%. Provide entries on issuance and on 31 December 20X4, the fiscal year-end
Hallmarks of scientific investigation : Q: Critique the following research done in a service industry as to the extent to which it meets the hallmarks of scientific investigation discussed in this cha
Describe hiring process for new general manager : You and 2 of your cousins own a clothing store in Vancouver, BC. You have a total of 30 employees that work in the store and sell various traditional "Indian" m

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd