Ms. Hardgrove Financial Accounting 5 November 2013 Xerox’s Accounting Scandal Xerox Corporation is a multinational American document management corporation which sells and produces a wide variety of color and black-and-white printers‚ multifunction systems‚ photo copiers‚ scanners‚ fax‚ digital production printing presses‚ and related consulting services and supplies. Overall any type of printing equipment‚ more specifically office equipment. It is currently headquartered in Norwalk‚ Connecticut
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Introduction The Adelphia Communications scandal occurred in March‚ 2002 when three of the original founding family members which included the father John Rigas‚ and two of his sons Michael and Timothy‚ along with two other company executives were arrested for improperly taking assets from the nation’s sixth-largest cable television company. The scam involved one of the biggest financial frauds faced by a publically held company. In the end stakeholders were forced to absorb massive losses as
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The latest release of Hillary Clinton’s personal emails shines a new light on an old scandal that has received far to little press coverage over the years. More than 6 years after the January 2010 Earthquake‚ there is little to show for the two Billion Dollars that have been poured into “reconstructing” Haiti‚ most of the money having disappeared into fraud and corruption scams closely associated with the Clinton Foundation. According to the nonpartisan Washington watchdog Judicial Watch‚ the
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second trial — the first ended in mistrial after a juror said she received threats following reports that she made an “OK” signal to the defense team. Kozlowski and Swartz are the latest executives sentenced to prison in a wave of white-collar scandals that shook corporate America and outraged the public after thousands of people lost their jobs and pension
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The Penn State Scandal impacted many areas of the organization. From the managers not doing their part to protect those who were being abused. As a manager if an incident is reported to you it is your responsibility to make sure that the proper authority is notified‚ or you should at least investigate for yourself to make sure that the information that is given to you is creditable. In the case of an eyewitness account as with McQueary he did the right thing by reporting what he saw to coach Paterno
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discusses the importance of short and long-term benefits of early autism diagnosis and intervention. Many researchers believe that autism is not necessarily a life-long disabling condition. With intervention‚ most children will be included in regular education classrooms. Research today shows fewer than 10% of individuals with ASD will remain non-verbal with intervention. Data suggests that children who are completely non-verbal who begin intervention in the preschool years or sooner are more likely
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ALGOPHOBIA Introduction Pain is considered as the 5th vital sign. It is an important factor that affects the well being of a person. The Merriam-Webster Medical Dictionary defines pain as: a) a localized physical suffering associated with bodily disorder and b) acute mental and emotional distress. Pain is an unwanted sensation by anyone‚ though pain is an important indicator that there is something wrong somewhere in your body. Defining a phobia: A phobia is a strong‚ persistent fear
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Parmalat Accounting Scandal Summary After eluding financial analysts and investors for a long time‚ Parmalat went bankrupt later in December‚ 2003 and many of their board of directors have been arrested since then. Here is a brief summary of the events: In the late 1980’s‚ Parmalat’s financial situation was poor due to investment in side businesses. i.e. TV network‚ Parmatur‚ football teams (Palmeiras‚ Parma‚ etc). Cash siphoning through these companies was estimated to be
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The 2G spectrum scandal involved officials in the government of India illegally undercharging mobile telephony companies for frequency allocation licenses‚ which they would use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money which the law mandated to be collected is 1‚76‚379 crore (1.763 trillion) rupees (roughly equivalent to 39 billion US dollars). The issuing of licenses occurred in 2008‚ but the scam came to public notice when the Indian Income
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Nowadays‚ cheating is not rare on campus‚ & like an epidemic‚ it is spreading more & more widely. Why? As a college student‚ I have to say that the importance of exams is so great that scores become the first concern of most of the college students. No one can afford a failure. It will leave a smirch in the student’s record‚ which can’t be removed easily & will go with him/her for all his/her life. How do the students do the nasty thing? They take notes with them during the exam; they mumble to
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