XACC/280 Week 8 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:

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

·         How were accounting practices involved?

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

·         What might have been done to prevent the controversy?

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