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Verizon Business
C/F/234. Is UK Regulatory Framework Enron and Worldcom proof?
- WORDS:
- 2000
- DATE:
- 2007
- PRICE:
- 29.99 GBP
The paper evaluates the effectiveness of the UK regulations against accounting and financial disasters similar to those in Enron and Worldcom. Enron and Worldcom scandals are reviewed discussing the UK regulatory framework before and after these disasters.
KEYWORDS: Enron, Worldcom, Accounting, Auditing, Financial Reporting, Corporate Governance,
P/F/463. WorldCom fraud: history, analysis, solutions
- WORDS:
- 4000
- DATE:
- 2006
- PRICE:
- 49.99 GBP
The paper examines the accounting fraud in WorldCom, an American telecommunications company now known as MCI, reporting on the companys background, the history of hiding their financial losses, the individuals responsible for the fraud, the business and professional problems faced by WorldCom, the effects of the companys bankruptcy on the stakeholders, the ethical values violated by the company, etc. The actions of the top management in overcoming the crisis are discussed in the context of various theoretical approaches offering solutions for coming out of the crisis.
KEYWORDS: WorldCom, telecommunications, fraud, bankruptcy, ethical values,
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