06 Nov What environmental factors must be considered in analyzing companies and why do you think the factors you list are important? With respect to the discussion question, please make sure that y
Please answer the following question: What environmental factors must be considered in analyzing companies and why do you think the factors you list are important? With respect to the discussion question, please make sure that your answer is grammatically correct and that you have checked your spelling.
Your required responses to 2 peers' posts must be posted prior ( will post them later)
last discussions replies
1.The article I decided to do was the World Com scandal in 2002. It is about how WorldCom lied and fabricated their balance sheet and how they claimed $11 billion in revenue which was never true in the first place. Bernard J. Ebbers, CEO of the company, committed fraud. Law would be changed forever and their would be a massive increase in regulation among auditors across the world. "The WorldCom fraud presumably could have been prevented had the company had good enough internal controls to prevent Scott D. Sullivan, the chief financial officer who later pleaded guilty and testified against Mr. Ebbers, from ordering changes in accounts just to allow the company to report phony profits." Internal influences led Ebbers to make bad decisions and ultimately sent him to prison for 25 years. After Ebbers was convicted of the crime, the Sarbanes-Oxley act would be put into place which would require companies to be able to report any material weakness and strengths in internal controls.
2. The article I talked about was about Martin Shkreli. A federal jury convicted Shkreli guilty of deceiving investors about the performance of two hedge funds he managed, defrauding investors in his first pharmaceutical company, Retrophin, and stealing money from Retrophin to compensate investors for losses he hid. Shkreli rose to fame as the chief executive officer of Turing Pharmaceuticals by increasing the price of the antiparasitic drug Daraprim, which is widely given to AIDS patients and others with impaired immune systems, from $13.50 per pill to $750. The Securities and Exchange Commission presented the jury with all of these charges.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.