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Worldcom Fraud Accounting Paper University

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... auditors had discovered a $4 billion fraud. In the months that have followed, many other accounting irregularities relate to solve the problems encountered? The devolution and dissolution of the corporation known as WorldCom, due to accounting fraud rocked the business world. is relevant is that fraud sometimes occurs when accounting tricks are used by insurers to falsely hide their weak http://www.businessweek.com/mag azine/content/02_02/b3765673.htm http://www.businessweek.com/mag azine/content/02_02/b3765673.htm 6. Wells, J. T. [Feb, 2001]. Why employees commit fraud. Journal of Accountancy. Garden City Park, New York: Avery Publishing Group, 1996. . 1. There are two primary variations of accounting: financial accounting and managerial accounting. Cost accounting is ...



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Sources list for WORLDCOM FRAUD ACCOUNTING PAPER UNIVERSITY:

Lahart, Justin. The death of confidence: WorldCom's gigantic fraud may send investors to the exits for a long, long time. CNN.com, July 8, 2002: 10:20 AM EDT. 09 May 2004. http://money.cnn.com/2002/06 /26/news/worldcom_shoedrops/ Lahart, Justin. The death of confidence: WorldCom's gigantic fraud may send investors to the exits for a long, long time. CNN.com, July 8, 2002: 10:20 AM EDT. 09 May 2004. http://money.cnn.com/2002/06 /26/news/worldcom_shoedrops/
Rule Utilitarianism

Kay, Joseph. Top Insurance company mired in allegations of accounting fraud. 24 March, 2005. Retrieved from http://www.wsws.org/article s/2005/mar2005/aig-m24.shtml Kay, Joseph. Top Insurance company mired in allegations of accounting fraud. 24 March, 2005. Retrieved from http://www.wsws.org/article s/2005/mar2005/aig-m24.shtml Accessed 29 August, 2005
AIG Insurance Accounting Frauds

"The Discourse of Inflation Accounting: On the Interrelations of Economic Theory And The Debate on Inflation Accounting." The European Accounting Review, February 1994, 3(2): 195-214.
The Historical Cost Convention

Chartier, John. (11 January 2002) "Accounting Fraud Rising." Retrieved on November 18, 2002 at CNN.com.
Criminal Prosecution of Corporate Management

Wilson, R.A, (2003-2004) "Managerial Accounting, Introduction to Accounting" University of Strathclyde Department of Accounting & Finance http://homepages.strath.ac.uk/~c ias19/teaching/MA/Warren%20KP.doc Wilson, R.A, (2003-2004) "Managerial Accounting, Introduction to Accounting" University of Strathclyde Department of Accounting & Finance http://homepages.strath.ac.uk/~c ias19/teaching/MA/Warren%20KP.doc
The Wickham Case

 

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