1. Exploring the context of the corporate culture at WorldCom, explain the philosophy of CEO Bernie Ebbers and how he pressured staff to cook the books. What roles did David Myers, Scott Sullivan, Buford (Buddy) Yates, Betty Vinson, Troy Normand, and Charles Cannada play?

2. When Cynthia Cooper and her staff had started their investigative work, which had to be done at night, in secrecy, discuss what you found to be internal control weaknesses within the company and why Bernie Ebbers prohibited Cooper from using the words internal controls in audit report.

3. Conclude your paper by recommending what might be done to help mitigate this type of massive corporate fraud in the future.

Answer rating: 100% (QA)

1 What Vinson did was for the public good This is because the general public relies on and relies on the financial information the company publishes i... View the full answer