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  • Assignment 1 & “Instructor Insights” Postings

    Posted on: Wednesday, October 23, 2013

     

    Class,

    Listed below are some popular accounting frauds to consider for your Assignment 1 paper, which is due 10/29 before class.  If you have any questions, please ask me earlier than later! 

    Furthermore, I’ve posted the Chapter 2 & 3 games in the Week 2 Instructor Insights Section.  I’ve also posted the Chapter 4 material in the Week 3 Instructor Insights Section.

    1. ZZZZ Best (1986) – Fraud involved a Ponzi scheme
    2. Waste Management Inc (1999) – Fraud involved Financial Mistatements
    3. Xerox (2000) – Fraud involved falsifying financial results
    4. Enron (2001) – Fraud involved failed disclosure of off-balance sheet transactions
    5. AOL (2002) – Fraud involved inflated sales
    6. Fredie Mac (2002) – Fraud involved understated earnings
    7. Tyco International (2002) – Fraud involved improper accounting
    8. WorldCom (2002) – Fraud involved overstated cash flows
    9. Bernard Madoff Investment Securities (2008) – Fraud involved a Ponzi scheme
    10. Lehman Brothers (2010) – Fraud Invovled failed disclosure of certain transactions
    11. Autonomy Corporation (2012) – Fraud involved accounting misrepresentations

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