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Topic: Business
Number of pages / Number of words: 3 / 739
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Scrushy, the former chairman and CEO of HealthSouth Corporation, provider of outpatient surgery, diagnostic imaging, and rehabilitative healthcare services hired an outside financial auditor in order to handle financial reporting and compliance. The results of hiring this firm resulted in $2.5 billion in fines for fraud and noncompliance with the Sarbanes ? Oxley Act...


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"Apparently, Scrushy signed off on fraudulent accounting figures because he "unknowingly" trusted the five CFOs who had served under him (Marden & Edwards, 2005)". The CEO was fired for these actions along with 15 former HealthSouth executives. The actions of HealthSouth Corporation negatively affected pension funds, market shares, and destroyed a great deal of private 401(k) plans...


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Compliance Issues Compliance of Segment Reporting by Bursa Malaysia Main Board Companies Development Of Regulation Of The Financial Reporting Financial Reporting Financial Services Report GLOBALIZATION OF A NEW FINANCIAL ORDER How would International Financial Reporting Standards affect the quality of Canadian accounting information? International Financial Reporting Standards International US Financial Reporting Convergence Report Kelly Financial Services Significance of Financial Reporting Assessment from outpatient surgery The Role of Computer-Aided Detection in Diagnostic Medical Imaging Financial Services Industry The Role Of Computer-Aided Detection In Diagnostic Medical Imaging.

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