You are here
THE ACCOUNTING FRAUD @ WORLDCOM: THE CAUSES, THE CHARACTERISTICS, THE CONSEQUENCES, AND THE LESSONS LEARNED
- Date Issued:
- 2011
- Abstract/Description:
- The economic prosperity of the late 1990s was characterized by a perceived expansive growth that increased the expectations of a company's performance. WorldCom, a telecommunications company, was a victim of these expectations that led to the evolution of a fraud designed to deceive the public until the economic outlook improved. Through understanding what led to the fraud, how the fraud grew, and what its effects were, lessons can be derived to gain a better understanding of the reasons behind a fraud and to prevent future frauds from occurring or growing as big as the WorldCom fraud did.
Title: | THE ACCOUNTING FRAUD @ WORLDCOM: THE CAUSES, THE CHARACTERISTICS, THE CONSEQUENCES, AND THE LESSONS LEARNED. |
68 views
14 downloads |
---|---|---|
Name(s): |
Ashraf, Javiriyah, Author Roush, Pamela, Committee Chair University of Central Florida, Degree Grantor |
|
Type of Resource: | text | |
Date Issued: | 2011 | |
Publisher: | University of Central Florida | |
Language(s): | English | |
Abstract/Description: | The economic prosperity of the late 1990s was characterized by a perceived expansive growth that increased the expectations of a company's performance. WorldCom, a telecommunications company, was a victim of these expectations that led to the evolution of a fraud designed to deceive the public until the economic outlook improved. Through understanding what led to the fraud, how the fraud grew, and what its effects were, lessons can be derived to gain a better understanding of the reasons behind a fraud and to prevent future frauds from occurring or growing as big as the WorldCom fraud did. | |
Identifier: | CFH0003811 (IID), ucf:44772 (fedora) | |
Note(s): |
2011-05-01 B.S.B.A. Business Administration, Kennth G. Dixon School of Accounting Masters This record was generated from author submitted information. |
|
Subject(s): |
accounting fraud auditing internal controls internal environment fraud triangle sarbanes oxley dot com bubble telecomm bubble external environment |
|
Persistent Link to This Record: | http://purl.flvc.org/ucf/fd/CFH0003811 | |
Restrictions on Access: | public | |
Host Institution: | UCF |