WorldCom, The Telecommunications Industry and Recent Accounting Techniques

Abstract: This is a 5 page paper discussing WorldCom Inc and some accounting techniques used in its mergers and acquisitions. Recently, WorldCom one of the world leaders in the telecommunication industry has come under the investigation of the U.S. Securities and Exchange Commission (SEC) as a result of several accounting techniques used during its more than 70 acquisitions of other companies during the last five years. It is estimated that the use of techniques to incur R&D write offs during mergers and acquisitions to inflate future profits included

Filename: TJWorld1.rtf

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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