...ETHICS IN ACCOUNTING: THE WORLDCOM INC. SCANDAL Conf.univ.dr. Lucian Cernuşca “Aurel Vlaicu” University, Arad, str. Piaţa Sporturilor, nr. 10, bl. 25, apt. 7, 310167 Arad, Phone: 0730468534, luciancernusca@gmail.com What is ethics? What does ethics have to do with accounting? How does a scandal affect the business environment and the society? This article will explain just those questions by analyzing a “famous” fraud scandal: WorldCom Inc. The article discusses the chronology of events that lead to the WorldCom Inc. collapse and explains how the figures were manipulated for the owners’ interest and what the accounting scam was. The article ends with the consequences of the scandal and what the effects were on the society and business environment in general. JEL Classification: M4 Accounting and Auditing Key words: ethics, accounting, bankruptcy, WorldCom Inc., expenses. What is ethics? Why ethics in accounting? Ethical values are the foundations on which a civilized society is based on. Without them, the civilization collapses. In business, the purpose of ethics is to direct business men and women to abide by a code of conduct that facilitates public confidence in their product and services. In the accounting field, professional accounting organizations recognize the accounting profession’s responsibility to provide ethical guidelines to its members. Ethics must and should be taught. People are not born with the desire to be ethical or be concerned with...
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...A Written Sketch of Mini Lesson Plan Name Professor Institution Course Date (APA) Title: A Mini Lesson Plan on Figures of Speech Second language acquisition occurs unconsciously through important interactions by a natural conversation in the society. One is said to have acquired second language when he or she speaks a different language apart from one’s mother tongue. As a result of differences in cognitive development in specific individuals, people acquire and learn the second language at various speeds and transfer the concepts learned from the first language to the second language acquisition. The following is a lesson plan designed to show how teaching can be conducted to learner acquiring the second language. LESSON PLAN Grade | Secondary School | Time | 1 Hour | Prior Learning in this topic | English Grammar in Use (Parts of Speech) | Date | | Outcomes: during this lesson, students will: | List the parts of speech in English, explain the sub-categories of these parts of speech, use them correctly as examples in sentences | | Resources/ Prior Organisation: | | LESSON SEQUENCE | TIMING | STEPS;ACTIVITY/CONTENT/INSTRUCTION | STRATEGIES, RESOURCES, Student/teacher roles | Introduction | 10 minutes | Meaning of parts of speech in English: ‘parts of speech’ refers to the basic components of a syntactically correct sentence in English. The main components are Nouns and verbsStudents will give their own definitions of these parts...
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...GRADING AND STUDENT LEARNING At a teacher inservice, a teacher described a problem that probably all of us have encountered. She had developed a curriculum based on the standards, using teaching strategies that promoted intrinsic motivation, creativity, willingness to take risks, a focus on mastery, etc. But all this disappeared when the concern for grades began to dominate shortly before the first grading period. How, she wondered, could she reconcile such a student-centered learning situation with the threat inherent in the traditional practice of grading? This column will describe some teachers’ solutions to the dilemma of maintaining positive classroom climate and productive teaching/learning/assessment strategies along with grading. The Problem with Traditional Grading Ironically, despite grading’s basic problems, teachers and students can become addicted to grades. The teacher mentioned above confided that she felt a real need for the “leverage” afforded by grades. And students quickly learn to ascertain what will count for grades and concentrate on this rather than on mastery itself. Many teachers routinely use grades as external motivators, often based on proxies for learning – points for attendance or worksheets, activities, etc. This is doubly problematic – they don’t deal directly with the Standards’ artistic processes of creating or responding, and the points (and the grade) become the focus of students’ efforts instead of those processes and understandings...
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...Madhushri Shrivastava IIM Indore India Sub: Submission of WAC report on the case ‘We Googled You’ Dear Madam, As per your instructions, I have prepared a detailed analysis report on the situation faced by Fred Westen. I suggest that Fred should not hire Mimi for the company’s China operations. Instead, he should hire Mimi for another position in USA. The following pages present a detailed analysis of the situation and available options and their evaluation, recommendation and action steps to be followed. Yours sincerely, Abhishek Rungta PGPUAE: 2013-15 IIM Indore (Dubai Campus) U.A.E. Executive Summary Fred Westen was contacted by his old roommate John Brewster to consider his daughter Mimi for Fred’s company’s decision to expand into China. When Fred forwarded Mimi’s profile to Virginia, she did a normal Google search on her. The search revealed Mimi’s involvement in protests that included China’s treatment against a dissident journalist. Based on these findings, Fred is in a dilemma whether to hire Mimi for China operations. He has to take into account various factors like the success of expansion plans, both company’s and his personal reputation. Considering various evaluation criteria and options, I suggest Fred should not hire Mimi for the expansion plan in China. But given her credentials, he should hire her for a position in USA. Table of Contents 1. 2. 3. 4. 5. 6. 7. 8. Situation Analysis ...............................................................................
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...of Transmittal 1-Apr-2014 Prof. Madhushri Shrivastava IIM Indore India Sub: Submission of WAC report o the ase We Googled You Dear Madam, As per your instructions, I have prepared a detailed analysis report on the situation faced by Fred Westen. I suggest that Fred should not hire Mimi for the company s China operations. Instead, he should hire Mimi for another position in USA. The following pages present a detailed analysis of the situation and available options and their evaluation, recommendation and action steps to be followed. Executive Summary Fred Westen was contacted by his old roommate John Brewster to consider his daughter Mimi for Fred s company s decision to expand into China. When Fred forwarded Mimi s profile to Virginia, she did a normal Google search on her. The search revealed Mimi s involvement in protests that included China s treatment against a dissident journalist. Based on these findings, Fred is in a dilemma whether to hire Mimi for China operations. He has to take into account various factors like the success of expansion plans, both company s and his personal reputation. Considering various evaluation criteria and options, I suggest Fred should not hire Mimi for the expansion plan in China. But given her credentials, he should hire her for a position in USA. Table of Contents 1. 2. 3. 4. 5. 6. 7. 8. Situation Analysis ........................................................................................................................
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...needed to make it a successful. Fred’s old friend’s daughter Mimi Brewster wants to be part of the move, she believes with her Chinese background and her experience in the field, she would be the right candidate for the job. However, the vice president of human resources, Virginia Flanders found some compromising posting on the internet when she goggled to search information about Mimi Brewster that can jeopardize their plans in china. Fred does not know if hiring Mimi Brewster is the right step to take or not. He believes Mimi is the right person to be on board with them. He thinks internet posting of more than eight years ago is not something to really take serious and at the same time fears that the china plan might fail because of Mimi’s posting on the internet. We Goggled You Problem The CEO of Hathaway Jones, Fred Westen is under pressure to or not to hire an applicant, Mimi Brewster for the new branch to be opened in china due to her compromising posting on the internet found by Virginia Flanders, the vice president of human resources. Assumptions * Virginia Flanders does not want Fred to hire Mimi because of the internet posting. * Mimi Brewster did not think her past internet posting will be against her getting hired. * China’s project can be affected negatively by Mimi’s internet posting. * Fred Westen has no genuine believe that past internet posting about Mimi is a true reflection her. “Google anyone hard enough and you...
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... Copyright 2014 A story of life in the country and all that it offers. Aunt Mimi and Uncle Poppy try to keep Sherman, their pet duck, from getting into trouble! But Sherman and Sadie, the little girl of four who lives next door, finds country life fun and sometimes forgets the rules! Uh oh ………! Approx. 3000 words Sharon L. Davis...
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... Kenapa awak datang lambat ? Safwan : Yīnwèi wǒ wàng le shí diǎn yǒu Huáyǔ kè. Sebab saya lupa kelas pukul Mandarin pukul 10. Cikgu Nana : Haiyaa ! Nǐ zhēn hútu ! Haiyaa ! Kamu sangat pelupa. Safwan : Lǎoshī, duìbuqǐ, nín bié shēngqì. Cikgu, maaf, jangan lah marah. Cikgu Nana : Mèi quānxi, qǐng zuò. Yǐhòu nǐ yào zhǔnshí dáo. Tak mengapa, sila duduk. Lepas ni kamu mesti tepati masa ok. Safwan : Hǎode, xièxie lǎoshi. Baiklah. Terima kasih cikgu. Cikgu Nana : Mimi, nǐ shénme shíhou jiāo gōngkè ? Mimi, bila kamu semua hantar latihan ? Mimi : Míngtiān xiàwǔ lǎoshi. Esok petang cikgu. Cikgu Nana : Hǎode. Míngtiān, niměn jiǎo gōngké zài lǎoshi fángjiān. Baiklah. Esok kamu semua hantar latihan dekat bilik cikgu. Anak murid : Hǎode lǎoshi. Baiklah cikgu. Mimi : Lǎoshi, nǐ de shǒuji hàomǎ jǐ hào ? Cikgu, berapa nombor telefon ? Cikgu Nana : Wǒ de shǒuji hàomǎ shì 012-3456789. Saya punya nombor telefon 012-3456789. Mimi : Xièxie lǎoshi. Terima kasih cikgu. Cikgu Nana : Bǔ keqǐ. Sama-sama. Kelas diteruskan seperti biasa sehingga selesai sesi pengajaran dan pembelanjaran. BABAK 2 (Duang he Angel) (Duang dan Angel) Duang he Angel qù cāntīng shùnbiàn liáotiān Duang dan Angel pergi ke kafeteria sambil berbual-bual Angel : Duang, wǒ é le! : Duang, saya lapar! Duang : Zǒu ba wǒmen qù cāntīng, tīngshuō nálǐ de shíwù hěn hǎochī : Jom kita pergi kafeteria, dengar khabar di sana ada...
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... MALINDI, KENYA. 21TH: OCTOBER: 2013. Dear Mr. Habeni, RE: MAKAO YA KUISHI Salam nyingi mwanzo, za heri, fanaka, maendeleo na siku nyingi hapa Duniani za kuishi ili mzidi kutuongoza kama watoto wenu maishani. Natoa shukruni zangu zadhati nazisizo na kifani, kwanza kwa kunikubali mimi kama mwanao, sawa na Yule aliye ni zaa, sijaona tofauti. Nami na kukubali kama Baba wa dhati, daima siku zote na milele na milele, uniongoze, uniombee ufanisi maishani, tuajaliwe sote kupata au kukosa ni MOLA mwenyewe. Tuwakuze au tuwaleye Familia hizi kwa dhati, heri na ufanisi DUNIANI, watambulikane ndani na inje ya Mwaziro kwa nidhamu, heshima, uwajibikaji na madili mema kwa watu wote, tuweze kusonga mbele kimaisha. Nasema hivi Baba, kwa sababu mda ambao tumejuana umekuwa Mzee wa msada mkubwa mno kwangu sita sita kusema haya mambo, ningenpenda iwapo Mungu...
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...Theoretical Perspectives of John Lennon John Lennon is world renown for being the founding member of one of the most influential bands of the 20th century, The Beatles. John Winston Lennon was born on October 9th, 1940, in Liverpool, England while German Nazis were raining bombs on the city for the third month in a row during World War II. John would grow up knowing very little about his parents, Julia Stanley and Alfred “Alf” Lennon. John Lennon’s early childhood was anything but stable. His father, Alfred, was a sea merchant who was rarely home. While he was at sea, Julia took a halfhearted approach to raising her son as well as to her marriage vows. She became well known as a “good time girl” in the local pubs and with the sailors who were in and out of the Port of Liverpool. She would often bring men home and sleep with them with John in the house, sometimes even in the same bed (Riley, 2011). John was often shuffled around between aunts and uncles. After a long series of unfortunate events that caused an extended time away from his family with no contact, Alfred was able to make it back home to Liverpool only to find Judy pregnant with another man’s baby. She claimed to have been raped and soon after birth, put the baby girl up for adoption. The marriage of Judy and Alfred Lennon diminished shortly thereafter and eventually ended. John was five years old at the time and was cruelly forced to choose between the two parents. Initially he chose his father...
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...(Interview). An example of my compassion towards animals is when I picked up stray dogs at the ranch and found them a home. One word that my mom uses to best describe my personality is strong willed, because I am sure of myself and know I can do anything if I put my mind to it (Interview). Finally, my mom stated that I am very trustworthy. She said she could trust me with anything, and that I take care of things well when I am left to take care of them (Interview). My Mimi says that others do not easily influence me, but I do influence others, especially my little cousin (Interview). Mimi said one personality trait I have is having a tendency to be negative at first about things but can and do come around to the positive approach with more insight and thought (Interview). According to my Mimi, my best quality is that I am loyal to those I love or care for (Interview). I am there for them through the stressful times and always. She says I reach out to let them know that I am there for them (Interview). Finally, Mimi says that I am trustworthy when it comes to the big things...
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...Tatlong Mukha: The Review Tatlong Mukha is a story of love, friendship and the search for true happiness. The flow of the story is revolving to the three main characters naming Jake, Miguel and Mimi/Greg. Jake was a stealthy homosexual and has a passionate love for his friend Miguel. Mimi was also Jake’s friend the one who knows everything about Jake. Miguel treated Jake as one of his best friends. The play commenced with three unrenowned characters that portrayed different kind of emotions; overjoyed, miserable sadness and undisputable anger. The main characters of the story carried different kinds of feelings and strong emotions. The story began by portraying the character of Jake, a typical guy who is hiding his true identity of being a homosexual. He was visited by his friend Mimi who is trying hard in winning the crown on gay pageants, borrowing a gown for his next pageant. They find theirselves helping one another when Jake thought about Miguel’s visit in his house and planning to pretend again as straight guys. Miguel is a true and thoughtful friend for Jake. He considered Jake as his brother and close to his heart without knowing that Jake is gay and secretly in love with him. Mimi was the most interesting character in the story. I can say that he undeniably gave the well-off entertainment value. He surpassed his role to a very tickling and amusing character. He made his audience gone wild and crazy by his innate ability in entertaining people. I can say that Tatlong...
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...Language and Decoding It must be understood that words are broken up into smaller units of sounds called phonemes. Being able to pronounce and articulate phonemes is obviously essential. Further, having awareness that sounds can be manipulated, segmented and blended to create words in just as critical. This is both key to reading, writing, and spelling. When a kindergarten student ask you how to spell a particular word. The common answer is usually “sound it out”. In order for this method to work, one must be able to dissect a word into its finite parts in order to map each sound to the corresponding letter or letters. According to Roth, Paul & Pierotti, Children who perform well on sound awareness tasks become successful readers and writers, while children who struggle with such tasks often do not. (2006,par.2) Language and Vocabulary Teaching children to decode or sound out words is usually the starting point for reading instruction. Ultimately, readers have to understand what they are reading and writing. In order for them to fully comprehend the material, the student must have a significant repertoire of known words or vocabulary such as “site words”. Kindergarten vocabulary is primarily learned from the parents, friends or their community. Children who come from a proper English speaking homes have more of an advantage to learn up to three times as many words as a child from a non-proper English speaking home. (Hart & Risley, 1995) Conclusion ...
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...Part 1 JAUH di suatu tempat, di langit tak terbatas, ada dua kerajaan besar bernama Asteria dan Malvera. Asteria negeri yang penuh kesederhanaan, baik kerajaan maupun rakyatnya. Walaupun begitu, negeri ini tetap saja terlihat menyenangkan dan sangat nyaman dihuni. Lingkungannya sangat bersih dan teratur. Bunga bermekaran di sepanjang jalan dan taman di seluruh penjuru negeri. Bangunan kerajaan yang megah dan besar terlihat asri dengan taman yang mengelilinginya. Sikap bersahabat seluruh penghuni kerajaan menambah kehangatan negeri yang dihuni para malaikat ini. Sementara Malvera adalah negeri yang penuh kemewahan. Bangunan-bangunan megah, yang nggak jarang dihiasi kilauan emas, memenuhi tiap sudut negeri yang dihuni para setan itu. Namun nggak seperti Asteria yang nyaman dan asri, negeri megah Malvera malah terkesan kaku dan menakutkan. Sejauh mata memandang hanya ada tembok-tembok kaku dan dominasi warna hitam. Nggak tampak serangkai bunga pun di negeri ini. Malaikat dan setan adalah dua makhluk yang menghuni dunia langit. Kehidupan di langit sama dengn di bumi. Di sana terdapat pemerintahan yang mengatur negeri, perkantoran, sekolah, dan sebagainya. Dan di sana juga terdapat kendaraan yang sama seperi di bumi. Sosok malaikat dan setan juga sama sepert sosok manusia penghuni bumi. Bedanya, sementara manusia bisa memilih apa-apa sendiri—seperti pakaian yang harus dipakainya, sekolah tempatnya belajar, negeri tempatnya tinggal, berteman dengan siapa saja yang diinginkannya—makhluk...
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...In life, people often feel as if they are separated from other cultures and classes; sometimes we can feel disconnected with our own customs which have evolved though a history that we may or may not have been a part of. Author Mimi Swartz in “Once upon a time in Laredo” correlates the complex history of the small border town of Laredo in south Texas with an annual debutant ball honoring the first United States President and his wife. In an effort to “gin up patriotism along the border” (p.4) the pageant celebration can not only remedy the town’s struggles with their history and multicultural background but also show Laredo’s present struggles with lineage and class structure in a changing modern world. Swartz makes evidence of her claim by giving historical examples behind Laredo and how the town became so famous for its debutant ball. Understanding the unique challenges this border town in Texas was facing, the author paints a picture of how its existence came to be. “After the U.S. defeated Mexico in 1948 in a bitter war for control of Texas, the boundary between the two countries shifted to the Rio Grande, and Laredo jointed the Union”(p.4). Once territories were drawn and many of its citizens came from across the border and even “drawing immigrants from Europe and other parts of the U.S.” (p.4), the town was becoming multicultural in nature. In an effort to cement itself in the country, the citizens of Laredo had created a celebration for George Washington “…to prove that...
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