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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 984 |
Essay's paper body
Their profits from 2000 to 2002 had been overstated by $7.1 billion, and they said $3.8 billion in expenses had been improperly reported during five quarters. The consequences: 17,000 workers lost their jobs, WorldCom restated its financial results (wiping out all profits during those quarters), and shares of its stock fell in value by 75% (World-Class Scandal, 2002)...
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They are the U.S. Securities and Exchange Commission
(SEC), the Financial Accounting Standards Board (FASB), and the Public Company Accounting Oversight Board (PCAOB).
The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets. This includes the power to register, regulate, and oversee brokerage firms, transfer agents, and clearing agencies as well as the nation's securities self regulatory organizations (SRO's)...
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General points of the essay
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How effective are anti-social behaviour orders (ASBOs) in punishing criminal behaviour and in deterring criminality and re-offending?
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Six Billion: A Warning To All
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