News for unethical practices


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:

• What was the nature of the controversy regarding this company's practices?

• How were accounting practices involved?

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

• What might have been done to prevent the controversy?

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

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Accounting Basics: News for unethical practices
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