Accounting scandals are business scandals which arise from intentional manipulation of financial statements with the disclosure of financial misdeeds...
76 KB (5,375 words) - 13:42, 1 November 2024
corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals). The following list of...
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Convicted of Multi-Crore Accounting Fraud". NDTV.com. "SEC Charges India-Based Affiliates of PWC for Role in Satyam Accounting Fraud". Securities and Exchange...
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company's accounting practices. One statement in the letter said: "I am incredibly nervous that we will implode in a wave of accounting scandals." Watkins...
141 KB (15,427 words) - 19:54, 22 November 2024
Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate...
18 KB (2,066 words) - 03:30, 18 September 2024
strengthen accounting regulations, beginning by severing ties with the Financial Reporting Enforcement Panel (FREP), a quasi-official accounting watchdog...
47 KB (4,125 words) - 20:56, 17 September 2024
The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone...
18 KB (2,470 words) - 07:03, 4 September 2024
Arthur Andersen (category Accounting scandals)
by Arthur Andersen alumni Accounting scandals Conspiracy of Fools Corporate abuse David J. Lesar Timeline of the Enron scandal Moore, Mary Virginia; Crampton...
27 KB (2,873 words) - 16:13, 1 November 2024
Accounting scholarship is an academic discipline oriented towards the profession of accounting, usually taught at a business school. Since accounting...
10 KB (1,199 words) - 12:38, 17 January 2023
Krispy Kreme (section IPO and accounting scandals)
out then-CEO Livengood and then-COO John W. Tate to blame for the accounting scandals, although it did not find that the executives committed intentional...
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McKesson Corporation. It is widely considered one the largest financial scandals of the 20th century. McKesson and Robbins was taken over in 1925 by Phillip...
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as a consultant on meeting the regime's requirements. After major accounting scandals in the United States that became publicly visible in 2001 and 2002...
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MCI Inc. (category Accounting scandals)
Sullivan, controller David Myers and general accounting director Buford "Buddy" Yates used fraudulent accounting methods to disguise WorldCom's decreasing...
24 KB (2,495 words) - 00:47, 2 November 2024
creative accounting." —Ian Griffiths in 1986, describing creative accounting From the 1980s to the present there have been multiple accounting scandals that...
39 KB (4,458 words) - 19:50, 26 September 2024
corporate and accounting scandals, including those affecting Enron, Tyco International, Adelphia, Peregrine Systems, and WorldCom. These scandals cost investors...
88 KB (10,129 words) - 21:02, 18 November 2024
collapsed or were broken up in the 1980s due to poor performance, accounting scandals, and antitrust regulation. In contrast, conglomerates have remained...
31 KB (3,510 words) - 16:52, 25 October 2024
Ernst & Young (category Accounting firms of the United Kingdom)
marketing, legal, risk management EY has been involved in many accounting scandals: Bank of Credit and Commerce International (1991), Informix Corporation...
69 KB (6,795 words) - 00:58, 18 November 2024
Enron (category Scandals in the United States)
planned accounting fraud, known since as the Enron scandal. Enron has become synonymous with willful corporate fraud and corruption. The scandal also brought...
96 KB (10,745 words) - 05:08, 17 November 2024
investigations in a number of nations. The 1MDB scandal has been described as "one of the world's greatest financial scandals" and declared by the United States Department...
205 KB (16,925 words) - 02:25, 17 November 2024
several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an...
52 KB (4,867 words) - 13:24, 20 November 2024
Lernout & Hauspie (category Accounting scandals)
on 8 August 2000 of a major financial scandal involving fictitious transactions in Korea and improper accounting methodologies elsewhere. In April 2001...
8 KB (909 words) - 18:40, 21 September 2024
The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without...
50 KB (5,185 words) - 15:51, 28 May 2024
Olympus Corporation (section 2011 accounting scandal)
organizations dating back as far as the 1980s. One of the longest-lasting accounting scandals in Japanese corporate history, the incident wiped out over three-quarters...
40 KB (3,929 words) - 21:12, 20 November 2024
[citation needed] After Peregrine went into bankruptcy following 2002 accounting scandals, certain lines of business purchased from Harbinger and Extricity...
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collapsed in 2002 amid revelations of accounting irregularities, making it at the time one of the largest accounting scandals in the United States. Ebbers blamed...
25 KB (2,428 words) - 03:31, 17 November 2024
Cendant (section Accounting scandal)
time, this fiasco was the largest case of accounting fraud in the country's history. After the accounting scandal was uncovered, Silverman and the Cendant...
37 KB (2,891 words) - 01:01, 23 June 2024
an exciting time in the world of IT auditing as a result of the accounting scandals and increased regulation. IT auditing has had a relatively short...
8 KB (990 words) - 17:51, 16 August 2024
supersedes SAS 82, was issued partly in response to contemporary accounting scandals at Enron, WorldCom, Adelphia, and Tyco. The standard incorporates...
7 KB (842 words) - 00:40, 5 September 2023
Repo 105 (category Accounting scandals)
that the firm "substantially assisted... a massive accounting fraud" by approving the accounting treatment, seeking $150 million. The suit was eventually...
7 KB (689 words) - 08:03, 14 September 2024
covered Wall Street and corporate topics such as insider trading, accounting scandals, and takeovers, but also wrote about a range of issues including...
30 KB (3,124 words) - 19:17, 19 October 2024