Accounting Fraud at WorldCom Case Solution

Major players in the accounting fraud at WorldCom CFO Scott Sullivan include general accounting department and internal audit, external audit, Arthur Andersen, and the Board of Directors. If sufficient detail to enable a full examination of the pressures that lead executives and managers to “cook the books”, the boundary between smoothing or earnings management and fraudulent reporting, the role of internal control systems and internal audit to prevent or detect accounting fraud, expectations about governance processes performed by the external auditors and the Board of Directors, and the pressure and consequences when middle managers follow orders that they know bad quickly. public record in writing, if it contains many quotes from a person involved in the WorldCom fraud that were reported by the Committee on Research and the Wall Street Journal articles on various individuals caught in the situation.
by
Robert S. Kaplan,
David Kiron
Source: HBS Premier Case Collection
18 pages.
Date Posted: April 29, 2004. Prod #: 104071-PDF-ENG
accounting fraud at WorldCom settlement cases

Accounting Fraud at WorldCom Case Solution
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