Essay Homework
Length: 5 pages.
Case study: Nortel Networks Corporation
Read the Case Study: Nortel Networks Corporation: Ethical Missteps.
A. After reading the case study, describe the ethical breach that was entered into by leadership at Nortel.
B. Use the three components of the Fraud Triangle to evaluate the actions of the leadership.
C. Describe how the tone at the top contributed to this fraudulent activity.
D. How did the Audit Committee and Board fail in their responsibilities?
E. Describe how various stakeholders (employees, stockholders, and the community) would have been affected by the actions of those in leadership.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Reference:
• Robinson, L. (2005) Nortel Networks Corporation: Ethical Missteps. Waterloo, Ontario, Canada: University of Waterloo.
o Chapters 7 & 8 in Ethics in Accounting: A Decision-Making Approach
• Albrecht, C., Holland, D., Malagueño, R., Dolan, S., & Tzafrir, S. (2015). The role of power in financial statement fraud schemes. Journal of Business Ethics, 131(4), 803-813.
• Kassem, R., & Higson, A. W. (2016). External auditors and corporate corruption: Implications for external audit regulators. Current Issues in Auditing, 10(1), P1-P10.
• Kulikova, L. I., & Satdarova, D. R. (2016). Internal control and compliance-control as effective methods of management, detection, and prevention of financial statement fraud. Academy of Strategic Management Journal, 15, 92-103.
• Bazrafshan, S. (2016). Exploring expectation gap among independent auditors' points of view and university students about importance of fraud risk components. Iranian Journal of Management Studies, 9(2), 305-331.
• Committee of Sponsoring Organizations of the Treadway Commission. (2017). Enterprise risk management - integrated framework. New York, NY: PricewaterhouseCoopers.
• Klein, G. (2016). Ethics in accounting: A decision-making approach. Hoboken, NJ: John Wiley & Sons, Inc.