SEPTEMBER 14, 2007 ROBERT S. KAPLAN DAVID KIRON Accounting Fraud at WorldCom WorldCom could not have failed as a result of the actions of a limited number of individuals. Rather, there was a broad breakdown of the system of internal controls, corporate governance and individual responsibility, all of which worked together to create a culture in which few persons took responsibility until it was too late. — Richard Thornburgh, former U.S. attorney general1 On July 21, 2002, WorldCom
Words: 9061 - Pages: 37
Hank Kolb Case: Quality Control Product & Operations Management (346), Section 2, December 1, 2010 Professor: Bud Roychoudhury INDEX: * Introduction………………………………………………………………………………………………….….. Page 2 * Definition of Problem……………………………………………………………………………………….. Page 2 * SWOT analysis…………………………………………………………………………………… Page 2-6 * Root Problem………………………………………………………………………………………… Page 6 * Alternative solutions ……………………………………………………………………………………
Words: 2099 - Pages: 9
Brenda Parram Business Ethics Peter Trumbull, Instructor January 31, 2012 Case 2.1 Hacking Into Harvard Seeking unauthorized access to an institution’s website is unethical. However, it is easy to perceive how one might be tempted to do so in the Harvard case. Many students in todays’ “internet” world tend to feel entitled to access any available information by any means. I personally feel that I would not have taken advantage of the opportunity to access my results early even though I am sure
Words: 448 - Pages: 2
The weaknesses in internal control over cash disbursements at Idaho Company are; 1. Checks are not pre-numbered, 2. More than one person is authorized to issue checks, 3. Unissued checks are not locked in a safe or locked cabinet. My recommendations to improve company procedures for internal control over cash disbursements are; there should only be one specified individual such as a treasurer authorized to sign checks. There should never be two people authorized for check signing. Make sure
Words: 715 - Pages: 3
University of Phoenix Material Scholarship, Practice, and Leadership in Motion: Part One Learning Team Project Students are grouped into teams of three to five according to established criteria. Then, teams engage in a project that integrates collaborative and reflective practice in the following steps: • Identify a problem or need that exists in your emerging doctoral community. The identified problem or need should be intrinsic and unique to your specific cohort. Your team must provide
Words: 567 - Pages: 3
University of Phoenix Material Systems Administration Scripting Log From: Your name Date: mm/dd/yyyy As you complete each step listed below, keep track of what occurs at each point: what you type and the output given, as well as if you experience any errors. 1. Create a new file called week4.scr 2. Change the permissions on this new file to add the execute bit for user, group, and owner (sudo chmod 755 week4.scr). 3. Edit the file using Gedit 4. Enter the following lines
Words: 675 - Pages: 3
In week 1, my expectations were to build on what I already knew about the Sarbanes-Oxley Acts from work experience. My expectations were met and even exceeded my expectations. I came into the week with some unanswered questions and after the reading and discussion questions, they were answered. I had a broad understanding of the Sarbanes-Oxley from work experience and never got into the details, which this class allowed me to get into and really grasp what was put into the Acts and how to fully
Words: 265 - Pages: 2
History Initially, accounting information systems were predominantly developed “in-house” as legacy systems. Such solutions were difficult to develop and expensive to maintain. Today, accounting information systems are more commonly sold as prebuilt software packages from vendors such as Microsoft, Sage Group, SAP and Oracle where it is configured and customized to match the organization’s business processes. As the need for connectivity and consolidation between other business systems increased
Words: 2186 - Pages: 9
Dial-In Access Policy 1.0 Purpose The purpose of this policy is to protect The Company’s electronic information from being inadvertently compromised by authorized personnel using a dial-in connection. 2.0 Scope The scope of this policy is to define appropriate dial-in access and its use by authorized personnel. 3.0 Policy The Company employees and authorized third parties (customers, vendors, etc.) can use dial-in connections to gain access to the corporate network. Dial-in access
Words: 380 - Pages: 2
The use of Total Quality Management is a similar method both airlines use to ensure improvement of services and accomplishment of operational quality. Both airlines use Total Quality Management in their service management to take on a quality control program. Total Quality Management is put into place to build an efficacious service method along
Words: 803 - Pages: 4
