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WORLDCOM AND FRAUDULENT ACCOUNTING

2005). The result would be an increase in the current years EBIDTA (Scharff, 2005). The line costs, in fact, were the main ...

BAILOUTS, BONUSES AND ETHICS

more information on using this paper properly! For as long as mankind has lived within a more communal environment, the split be...

A Historical and Theological View of Urban Renewal in Lupton's "Renewing the City"

tells Nehemiahs story in dramatic terms. The story goes thus: After invasions by Nebuchednezzar, the city of Jerusalem lay in comp...

CHIQUITA BRANDS ACCOUNTING

In this paper, the writer has been asked to select a company and outline its accounting systems and their abilities to change comp...

Small Business Accounting: The Value of Business Acumen and Networking

by any professional who runs his or her own practice - should one expand ones practice to attain a higher level of service and com...

Tourism in Phuket: The Global Impact

to the area of Phuket in southern Thailand. Unfortunately, many contemporary factors seem to be impacting that level of tourism to...

Corporate Social Responsibility Subjects

warming, it is generally accepted that greenhouse gas emissions are a significant contributory factor, and many firms are seeking ...

ENRON, FRAUD AND CONSEQUENCES

Mention the word "Enron" and what is likely to come to mind is "accounting scandal." Though the period between 2000-2002 brought i...

Personality Theory and the Jewish Holocaust

Personalists like John MacMurray study the relationships that emerge in the state of being a purpose, in internal aspects...

Revenue in Ottawa City Accounts 2005 - 2009

originating. We have a net tax revenue on the revenue statement of 1,286,044, however the taxation received is actually greater th...

Career Opportunities in Accounting and Auditing

and tax senior (AICPA (b), 2002). Corporate accounting, in the meantime, includes management accounting, financial accounting and ...

Corporate Spying and Accounting Issues

This paper will discuss what corporate spying is, how it is conducted, and how accounting departments can be targets of corporate ...

Cost Structure and the Airline Industry

In this way the more operating leverage an airline has, the greater its business risk will be. Despite the fact that many analyst...

Freire's 'Banking Concept of Education' Analyzed

a bank customer "fills" his or her bank "container" or account with money. Much like bank accounts, students are able to receive, ...

How Contemporaries Depicted Hernan Cortes and Christopher Columbus

The first impression that we get is that Cortes is a determined and logical man. He attempts this journey, and has to overcome...

Special Purpose Entities and Accounting at Enron

This approach was legal and acceptable under FASB rules at the time. The Enron-specific problem arose when Enron did not consolid...

Appropariate Guidance and Standards for the Consolidation of Special Purpose Entities and FASB

does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...

WorldCom, Enron, and Ethics

employees - and even the economy. In the end, no one has benefited from either situation, because the methods were done in secrecy...

A Case Study on Accounting Issues

need to consider the way the companies is going to compete. For example, the structure of a company seeking to develop a cost adva...

SMEs and AIS' Impact

it seems that the climate for small businesses is better than ever. With the advent of the Internet, small and medium sized compan...

Overview of Global Account Management

there are many drawbacks to it as well (2001). How might a company know if global customer management is conducive to their style ...

Shakespeare's Comedy No Error

for supper. Meanwhile her REAL husband returns home, but is denied entry by Antipholus slave. During the course of the meal, Antip...

Early American History and Free African Americans

my opinion, yet I consider our condition but little better than that....After all, methinks there are no chains so galling as thos...

UK Accounting Standards on Short and Long Term Cable and Wireless

top 41.89 from 43.73%. The return on assets fell from 16.6% to 12.12%. Return on equity also showed a fall, from 44.15% to 18.79%....

Forecasting Sales Using Regression Analysis

The company must identify factors that have the ability to have a significant impact on monthly sales of Treat. Some of those...

Offshore Pension Plan Investment

The Dow nearly crossed into 3,000 territory long enough to close there on several occasions prior to the Gulf War in 1991 and fina...

Questions Pertaining to Accounting

to ?68,599 in 19X7. This is an increase of ?53,537, or 76% (calculated by taking 53,537 which is the increase between 19X7...

Debate on the Necessity of IAS

however, is based more on general principles, which force auditors to comply with the spirit of the law, rather than the letter of...

Comparing Nike to Manchester United

what the actual value of the company is and deduct the physical asset. This can then be considered in terms of the actual amount, ...

Accounting Techniques Used inWorldCom's Acquisitions and Mergers

international services as part of WorldCom Inc which operates over countless seamless networks. In regards to revenues and traffic...