Question: After reading chapter 4, the online lecture notes, and AICPA guidelines, answer the following questions regarding Case: Time 's Persons of the Year. Based on

After reading chapter 4, the online lecture notes, and AICPA guidelines, answer the following questions regarding Case: Time's Persons of the Year.

  1. Based on the AICPA Principles of Professional Conduct, which of the accounting principles were violated by employees at WorldCom?
  2. The case points out arguments regarding whether Watkins, Cooper or Rowley should be considered whistle blowers or not. What do you think? What more should each of these three have done to bring the situations to light. Finally, what do you think motivated these three women to take the actions they did and what might have kept them from doing so?

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