Question
1. Specifically explain the two accounting methods that WorldCom used to commit fraud? 2. What were the pressures that led executives to commit fraud at
1. Specifically explain the two accounting methods that WorldCom used to commit fraud?
2. What were the pressures that led executives to commit fraud at WorldCom?
3. Were the external auditors and board of directors blameworthy in this case?Why or why not?
4 .Specifically, how was the fraud discovered?Do you agree or disagree with the actions taken to discover it?
5. Was Betty Vinson a victim or villain? Should criminal fraud chargers have been brought against her?
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Financial Accounting The Impact on Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
9th edition
130565417X, 1305654174, 9781285972572 , 978-1285182964
