XACC 280 week 8 CheckPoint Impacts of Unethical Behavior

CheckPoint: Impacts of Unethical Behavior

·        Due Date: Day 3 [post to the Assignments section of the Classroom]

·        Research a company that has been in the news for unethical practices, such as Enron, Tyco, Global Crossing, or WorldCom.

·        Post a 250- to 300-word response that summarizes your ideas about the following:

o   What was the nature of the controversy regarding this company’s practices?

o   How were accounting practices involved?

o   If you had been an accountant for this company, how would you have acted? Explain why.

o   What might have been done to prevent the controversy?

o   What was the affect of unethical behavior on the profitability of the company?

Solution