Select “First Union Corporation Inc” company which was accused of using creating accounting practices.

Write a paper in which you address the following:

What creative accounting practices were performed by the CEO, CFO, or COO of the company?

How was the company found out?

What penalties, fines, sentence were assessed and to whom?

What did executive management do to stretch, bend, manipulate, and/or break recommended accounting principles to attain their deceptive financial goals?

If available, discuss their code of conduct or ethics and how that could have preventive the fraudulent activity.

Answer rating: 100% (QA)

First Union Corporation Inc Forensic Investigation is an important element as many organizations are instructed by SEC to conduct these investigations Basically forensic investigations include forensi... View the full answer