Accounting discussion broad
Go out onto the web and find a company that has been "caught" reporting costs incorrectly. This could be inventory valuation, it could be costing methods, it could be channel stuffing.
The SEC finds fault with a number of companies each year and one major source of fault are issues around matching inventory costs to revenue properly. so let's see what you can find.
Those company cannot use
|
Peregrine Systems
|
WorldCom (MCI)
|
Freddie Mac Scandal
|
|
Olympus Corp
|
Adelphia Communications
|
Global Crossing
|
|
Penn West Petroleum
|
American Apparel
|
Goldman Sachs
|
|
Peregrine Systems, Inc
|
American Insurance Group (AIG)
|
Home Loan Services Soluctions, LTD
|
|
Qwest Communications
|
AOL Time Warner
|
IMClone System
|
|
Satyam Computer Services
|
Bernie Madoff
|
Jewelry and Collectibles Company With Accounting Fraud
|
|
The Baptist Foundation of Arizona
|
Bristol Myers Squibb
|
Lehman Brothers
|
|
The HealthSouth
|
Channel Stuffing: Coca-Cola
|
Miller Energy Resources
|
|
Toshiba
|
Computer Sciences Company (CSC)
|
MusclePharm
|
|
Trinity National Corp
|
Dell Computers
|
OCZ Technologies Inc
|
|
Tyco Scandal (NYSE: TYC)
|
Diamond Foods
|
Arizona.
|
|
Waste Management (WM)
|
Enron Accounting Scandal
|
|