What was the affect of unethical behavior on profitability

Assignment Help Accounting Basics
Reference no: EM131785327

Question - Research a company that has been in the news for unethical practices, such as Enron, Global Crossing, or WorldCom. Post a 250-300 word response that summarizes your ideas about the following

1) What was the nature of the controversy regarding this company's practices?

2) How were accounting practices involved?

3) If you had been an accountant for this company, how would you have acted? Explain why.

4) What might have been done to prevent the controversy?

5) What was the affect of unethical behavior on the profitability of the company?

Reference no: EM131785327

Questions Cloud

What is the present value of settlement : A divorce settlement of $40,000 is paid in $1000 payments at the end of each of 40 months. What is the present value of this settlement if money is worth 12%.
Differences between domestic-global supply chain strategies : Explain three key differences between domestic and global’s supply chain strategies
Calculate the total cost of resources supplied : Calculate the total cost of resources supplied (activity cost), and break this into the cost of activity used and the cost of unused activity.
How much fund is used to set up an annuity : If after the 12½ years, the fund is used to set up an annuity, how much will it pay at the end of each month for the next 10 years?
What was the affect of unethical behavior on profitability : What was the nature of the controversy regarding this company's practices? What was the affect of unethical behavior on the profitability of the company
Develop professional slide that create interest in the topic : Develop professional slides that create interest in the topic. Prepare and deliver a professional script to accompany slides.Why should we care about the topic?
Interested in introducing self-driving cars to the market : Both Google and Tesla are interested in introducing self-driving cars to the market.
Prepare on boarding and orientation program for new hires : prepare an on boarding and orientation program for new hires in this role.
How much must deposit at the beginning of each month : Three years from now, a couple plan to spend 4 months traveling in China, Japan, and Southeast Asia. When they take their trip, they would like to withdraw.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Ending inventory of raw materials

Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000, direct labour must have totaled.

  Evidence reflect the facts about family diversity

• How well or poorly does your evidence reflect the facts about family diversity that you have learned in the course? Can your evidence be taken as an accurate depiction of the phenomena it portrays? Making reference to course material, explain wh..

  Prepare a balance sheet

Prepare a balance sheet. Hint: Not all of the items listed should appear on a balance sheet. For each non-balance-sheet item, indicate where it should appear.

  How much of the payments will be included in len taxable

len is entitled to receive monthly payments of 1,500 over his life from his employer's qualifield pension plan the payments begin january 1, 2011 he contributed 71,500 to the plan prior to his retirement at age 62. using the simplified method, how..

  Flotation costs of the new common stock

Debt equity ratio of 0.70, building a new $45 million manufacturing facility. cash flow of $6.2 million in perpetuity. the flotation costs of the new common stock would be 8% of the amount raised, The required return on the company's new equity is..

  Theoretic justification for considering all leases

Although only certain leases are currently accounted for as a sale or purchase, there is theoretic justification for considering all leases to be sales or purchases. The principal reason that supports this idea is that:

  Per-share earnings and dividends assume the firm in problem

per-share earnings and dividends. suppose the firm in problem 3 had 40000 shares of common stock outstanding. what is

  Carolina mills purchased 270000 in supplies this year the

carolina mills purchased 270000 in supplies this year. the supplies account increased by 10000 during the year to an

  Users of financial statements rely on the information

users of financial statements rely on the information available to them to decide whether to invest in a company or

  How many francs will the swiss bank deliver in six months

Assume Swiss bank entered into a 180-day forward contract with Citicorp to buy $100,000. How many francs will Swiss bank deliver in six months to get US dollar.

  Write a one-half page memorandum to your store managers

Home Station is a national home improvement chain with more than 100 stores throughout the country. The manager of each store receives a salary plus a bonus.

  What is the amount of interest the mcauliffe corp

What is the amount of interest the McAuliffe corp will record on July 2 2015, the first semiannual interest payment date

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