Behind closed doors at WorldCom 2001
GREAT WorldCom was a big telecommunications company, have almost kometenhaften a rise in the years 1990, but has difficulties in early 2000. 2001 was particularly difficult. This event gives future generations the economy of listeners the opportunity to review the largest accounting scandal in the history of an internal financial accounting perspective. As far as practicable, this case the real “voice” of participants to gain an understanding of their views and motives. We get a chance to see some of their best people on both sides in their worst.
While our attention in this case, financial accounting of other issues, we also briefly on some protective measures for the prevention of accounting fraud: internal control, internal audit and external auditors and the committee audit. In this case, he wondered: “How I react if I makers of the company?”
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