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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 739 |
Essay's paper body
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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General points of the essay
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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