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Posted: March 17th, 2023
Provide a summary of the shenanigan and categorize the type of financial discrepancy present in the shenanigan
Managerial Finance- organizations that have been associated with financial shenanigans over the last 20 years
Book used in this course: Higgins, R., Analysis for Financial Management, 12th Edition, (2019), McGraw-Hill Education, New York, NY (Rental – ISBN 978-1-259-91896-4, Purchase – ISBN 9781260140750)
Choose one of the well documented organizations that have been associated with financial shenanigans over the last 20 years – e.g. Enron, Worldcom, Tyco, Global Crossings, etc. and complete the following using credible resources:
Provide a summary of the shenanigan and categorize the type of financial discrepancy present in the shenanigan.
How was the shenanigan ultimately uncovered? Why was the shenanigan not uncovered earlier?
What safeguards were put in place to ensure the shenanigan was not repeated either internally or through government oversight?
What application can you draw from this event that may help you be aware of similar issues within an
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