学术英语(管理)_Unit+8概要1.ppt

Unit 8 Accounting Supplementary information Text B Critical reading and thinking Bristol-Myers Squibb: a global BioPharma company, headquartered in New York City. It discovers, develops and delivers medicines that help patients prevail over such serious diseases as cancer, cardiovascular disease, diabetes, hepatitis B, HIV/AIDS, rheumatoid arthritis and psychiatric disorders. It was charged by the US Department of Justice and SEC in 2002 for offering excess inventory to customers in order to create higher sales numbers. Unit 8 Accounting Supplementary information Text B Critical reading and thinking Qwest: a large United States telecommunications carrier. It was fined $250 million by the SEC for a series of deals from 1999 to 2001 with Enrons broadband division which may have helped Enron conceal losses. In 2010, CenturyLink announced it would acquire Qwest in a stock-for-stock transaction. After the merger closed, Qwest began doing business as CenturyLink in August 2011. Unit 8 Accounting Supplementary information Text B Critical reading and thinking KPMG: a network of member firms offering audit, tax and advisory services. They work closely with their clients, helping them to mitigate risks and grasp opportunities. Member firms clients include business corporations, governments and public sector agencies and not-for-profit organizations. Unit 8 Accounting Supplementary information Text B Critical reading and thinking the Sarbanes-Oxley Act of 2002: The legislation came into force in 2002 and introduced major changes to the regulation of financial practice and corporate governance. Named after Senator Paul Sarbanes and Representative Michael Oxley, who were its main architects, it also set a number of deadlines for compliance. Unit 8 Accounting Supplementary information Text B Critical reading and thinking Tyco: a hi