Summarize the events of a recent accounting scandal. Identify how the illegal or unethical act was detected and describe the punishments that resulted (fines, prison terms, etc.). Consider what could have been done to detect this act earlier or to prevent 2023 Business Finance
2023 In order to facilitate this week s discussion I have compiled the following list of companies that
In order to facilitate this week’s discussion, I have compiled the following list of companies that have been associated with corporate scandals. Those scandals went public between 2000 and 2002. For the purposes of meeting the requirements for this class, we will consider them as recent. You may choose to research and discuss any one of them or research another company not on the list; however, if a company has been discussed by another student, you will need to choose another company:
1. XEROX
2. WORLD COM
3. TYCO
4. RELIANT ENERGY
5. QWEST COMMUNICATIONS INT
6. PEREGRINE SYSTEMS
7. NICOR ENERGY, LLC
8. MIRANT
9. MERCK
10. K-MART
11. HALLIBURTON
12. GLOBAL CROSSING
13. ENRON
14. BRISTOL – MYERS SQUIBB
15. ARTHUR ANDERSEN
16. AOL TIME WARNER
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