The WorldCom scandal was one of the most shocking and widespread fraud to rock Wall Street in
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The WorldCom scandal was one of the most shocking and widespread fraud to rock Wall Street in generations” As an accounting student, you are required to search for the WorldCom Scandal. What were the issues that happened and what impact they had on the stockholder? Your answer should include the following
1. Detail about the scandal?
2. What were the main points of fraud and how they did it?
3. Attach the financial statements of the company showing the inflated incomes
4. How it affected the shareholder and how much money was lost?
Related Book For
Auditing A Risk Based Approach to Conducting a Quality Audit
ISBN: 978-1305080577
10th edition
Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg
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