XACC 280 week 8 CheckPoint Impacts of Unethical Behavior

CheckPoint: Impacts of Unethical Behavior

• Research a company that has been in the news for unethical practices, such as Enron, Tyco,

Global Crossing, or WorldCom.

• Post a 250- to 300-word response that summarizes your ideas about the following:

o What was the nature of the controversy regarding this company’s practices?

o How were accounting practices involved?

o If you had been an accountant for this company, how would you have acted? Explain

why.

o What might have been done to prevent the controversy?

o What was the affect of unethical behavior on the profitability of the company?