Question: Explain one of the two methods used by Worldcom to give a totally unrealistic gloss to the annual accounts. 2 . Ebbers received a 2
Explain one of the two methods used by Worldcom to give a totally unrealistic gloss to the annual accounts.
Ebbers received a year prison sentence, Sullivan received years, and Myers received year.
Do you think these sentences were fair? Explain why or why not.
If you were in David Myers' shoes and you were bullied by the CFO to record bogus accounting transactions in order to falsely report attractive profits for the quarter:
a what would you do
b what would be the likely consequences of your chosen course of action?
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