Anna James Case Study: HealthSouth Corporation Scandal Week3 Forensic Accounting: Ethics and Legal Environment Professor Erskine Hawkins HealthSouth Corporation is a large‚ public healthcare company that operates 93 inpatient rehabilitation hospital‚ 49 outpatient rehabilitation satellites‚ six long-term acute care hospitals‚ and 25 home health agencies. According to the company websites‚ it is “one of the nation’s largest healthcare providers specializing in rehabilitation”.5 The company
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Beginning in 2000‚ CMS Marketing‚ Services and Trading Company began to make energy trades that had no economic justification. As stated in the Securities and Exchange Commission cease and desist order ¡§CMS materially overstated its revenues‚ expenses and energy-trading volumes in 2000 and 2001 through the use of undisclosed round-trip energy transactions conducted by its Houston-based energy-trading division‚ MS&T.¡¨ These trades have now become known as "round-trip" trades. CMS issued false Press
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Wk2 Assignment: The Enron and WorldCom Scandals Student Name ACC/260 Date Instructors Name[Page Break] 1. Which segment of its operations got Enron into difficulties? The guaranteed loans that were intended to bridge the financing for investments from outside investors that could not be found would be the segment of operations that caused Enron difficulties. 2. Did Enron’s directors understand how profits were being made in this segment
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What is Fraud? Fraud occurs when individuals purposely materially misstate facts with the intent of coercing someone to believe these misrepresentations. Upon believing the misrepresentation‚ individuals will act upon them and suffer a loss or damages. Fraud occurs in various forms: 1. Misappropriation of assets 2. Fraudulent financial reporting 3. Employee fraud 4. Management fraud The Fraud Triangle * Motive/Incentive: a reason to commit the fraud * Opportunity:
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The Watergate Scandal was one of the largest scandals of American history. Richard Nixon was a father‚ a President‚ a friend‚ a Congressman and was the cause of the Watergate Scandal. But he betrayed his country by trying to cover up the fact that he was a part of the scandal. Nixon tried to hide the fact he didn’t know about the scandal by giving money to the people who broke into the Watergate and tried to stop the investigators that were looking into the crime and even tried to get the Federal
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This paper will address the seriousness of the Watergate and Iran Contra scandals‚ and discuss which of the two was more detrimental to society in America. Lashley Mills SOCA 334 12/9/14 INTRODUCTION The Watergate and the Iran Contra scandals perpetuate as trademarks of their respective decades. During Watergate which occurred in the 1970’s‚ American society witnessed a loss in the confidence of it’s own national government
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company address] Yi Theng Lim Organization Behavior & Design Case Ethical Analysis NKF Singapore: Anatomy of a Crisis 08 Fall Introduction In July 2005‚ Singapore was shaken by a scandal involving the National Kidney Foundation (NKF)‚ the nation’s largest charity. The scandal had surfaced many ethically controversial practices by NKF. In this paper‚ I will be focusing on the dilemmas surrounding NKF’S operations structure and evaluate them from various theoretical perspectives
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The Impact of the 1919 Black Sox Scandal The 1919 Black Sox Scandal is one of the most skeptical topics in Major League Baseball history. The 1919 World Series was battled out between the Chicago White-Sox and the Cincinnati Reds. In fact‚ this particular match-up was picked to be the most competitive world series yet‚ but it most certainly was not. After the Cincinnati Reds clinched the World Series title‚ the story behind the scenes began to unfold. This shocking and quite shameful story would
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The 1919 Black Sox Scandal In 1919‚ eight of the Chicago White Sox allegedly threw the World Series. Charles Comiskey was the ruthless owner of the White Sox and was the main motive of the sox to throw the series. Chick Gandil was the first player to get involved and then he spread it to the other players on the team. The act by these players would be called the Black Sox Scandal. The Scandal nearly ruined America’s pastime. The baseball commissioner‚ Judge Landis‚ banned all eight of the players
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Conclusion Role of Institutional Environment In China 10 Regain Trust and Support 11 Effect on China’s Image 12 Western Perception Toward Asian Countries 12 Lesson Learn From Scandal 13 Bibliography INTRODUCTION The case discusses the tainted milk scandal that was unearthed in China in 2008. The milk scandal became public in August 2008‚ after it was disclosed that the baby formula produced by the Chinese dairy products company‚ Sanlu Group was contaminated with melamine‚ which caused
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