WorldcomAccountingFraud-世通财务造假案例.pptxVIP

ACCOUNTING FRAUD AT WORLDCOM WorldCom Overview Nature of Accounting Fraud Problems (Internal and External) Fall of WorldCom and lessons from it Ethical choices WorldCom Overview WorldCom Overview Financial Highlights 1995 1999 2001 2004 Revenues ($ billion ) $2.2 $37.1 $35.2 $20.7 Total assets ($ billion ) $3.4 $91.1 $103.9 $17.1 Employees (in 000) 7.5 97.6 87.8 40.4 Market capital($ billion ) $3.3 $150.5 $42.8 $6.4 Debt ($ billion ) $0.8 $13.1 $30.0 $5.9 Total capitalization ($ billion ) $4.1 $163.6 $72.8 $12.3 WorldCom Overview Financial statements WorldCom Overview Nature of Accoun