... In the case of Andersen and Enron, the question of corruptness relates to the destruction of documents. While at first appearance it seems like an easy question to answer, many details come into play. The destruction of documents is a normal audit procedure used to protect the firm and company (client). Auditors are instructed to destroy any documents that are not needed. In the case of Andersen, this was a normal and legal policy. In the case of Andersen the destruction of documents all happened at one time, when the chances of a case against Andersen were likely to occur. Is this corrupt? It is hard to say. IN MY OPINION, Andersen was NOT corrupt in their practices. They were following the letters of the law and providing the best services they could for their client. Andersen did not lie about their actions and thus were not dishonest. I do believe that there were “red flags” surrounding Andersen, but without breaking a law they were not corrupt. Ultimately corrupt and acting unethically is not the same thing, and while Andersen may not have been ethical they were not necessarily corrupt. They believed they were following the GAAS principles and providing a fair and thorough audit. That being said would they have done it differently if they could go back in time? Probably. 2. The issues that overturned the Andersen verdict were based on faulty jury instructions, not on whether Andersen was in fact guilty or innocent. Based on the information in this case and the...
Words: 1074 - Pages: 5
...Case # 1 Andersen: An Obstruction of Justice? P. C1 DISCUSSION QUESTIONS 1. Look up the term corrupt in the dictionary. What is its definition? Was corrupt appropriately applied to the actions of Arthur Andersen? 2. The issues that overturned the Andersen verdict were based on faulty jury instructions, not on whether Andersen was in fact guilty or innocent. Based on the information in this case and other information you know, do you believe Andersen violated the law? 3. Do you believe that the Supreme Court's opinion overturning the lower court's decision was appropriate? 4. Should the SEC and the Department of Justice have tried Andersen as a firm or should they have targeted specific individuals who had engaged in acts the two bodies believed to be unlawful? 5. Although Andersen's conviction was overturned, do you believe that its employees acted in an ethical manner? 6. Comment on the actions of David Duncan and Nancy Temple. Which of these parties do you believe was more responsible for the Andersen saga? 7. The class action lawsuit against Andersen also named the Canadian Imperial Bank of Commerce, JPMorgan Chase, Citigroup, Merrill Lynch, and Credit Suisse Group as codefendants with Andersen. Why would the plaintiffs name so many entities in their lawsuit? Merrill Lynch and Credit Suisse asked a U.S. appeals court to rule that the complaint should not have been certified as a class action suit. Why would these entities make such a claim? ...
Words: 590 - Pages: 3
...objective observations: Mr. Anderson reports pain to the low back down his legs. He reports pins and needle feeling to his tailbone and buttocks. He reports, numbness to his right leg. He reports continued swelling to the sacral area. Mr. Anderson ambulates using two canes; he is very shaky when walking. He sits and changes his position frequently. Review of claimants stated pain/limitations: He rates it at a 7 at best up to a 10. Mr. Anderson said the pain interferes with all aspects of his life. It affects his sleep. Educational information provided to claimant (how and what): Mr. Anderson was given printed information on the spinal cord pain stimulator by Dr. Rampersaud. MD visit details: On 3/10/17 Mr. Anderson was evaluated by Dr. Rampersaud. Long wait due to a full office. The last set of epidural injection caused him to have right leg numbness, now pins and needle feeling to the tailbone buttock area. Mr. Anderson had a negative urine drug screen today. Mr. Anderson reports he has had the flu for the last week so everything he attempts to eat goes right through him. He did have a initial evaluation done with physical therapy. Due to being ill he has not been back this week. He plans on attending the appointments next week though. Discussion was given to the spinal cord stimulator....
Words: 310 - Pages: 2
...It’s a late night for Queenie Anderson. She has gone out with her friends to a country club. She has left her husband at home and he is drinking. She invited her friends to come over. When she got home, Author Anderson(Her husband), was coming down to get another drink. She heard a thump and ran over to the sound. Her husband fell and hit his head. He was dead. When her friends came over she told them but didn’t call the cops yet, until later that night. My report will show that Queenie Anderson has killed her husband. While at the scene, I observed that the glass in Author Anderson’s glass that he was drinking out of didn’t break. Usually, when a glass falls from a certain height or above, it’ll break, but when he fell the glass...
Words: 462 - Pages: 2
...The Anderson Case Anne Anderson and the Woburn families still had no answers. Sixteen youngsters would pass on before any move was to make place. The Woburn family stories got to be submerged in the bureaucratic workings of legislative offices. Baffled, Anne Anderson and alternate families in 1980 turned to an adolescent legal advisor named Jan Schlichtmann. Jan Schlichtmann, only 30 years of age who spent significant time in medicinal negligence and item risk cases was reluctant to take the case. Schlichtmann, in a five attorney firm, was concerned with the trouble of logical confirmation both in the contamination of the area and groundwater. The trouble with logically joining the chemicals to the reason for leukemia and different infections...
Words: 1811 - Pages: 8
...Anne Anderson and some of the people of the town of Woburn, MA, are the plaintiffs in this case. Beatrice foods and their parent company, W.R. Grace are the defendants. Jan Schlichtmann is the attorney for Anne Anderson and the people of Woburn, portraying them as victims of chemical groundwater contamination. Jan is a personal injury lawyer, who makes his money by taking settlements, usually from medical malpractice cases, avoiding an expensive jury trial. He had to prove that both companies knew about the chemical dumping and therefore, they should be held responsible. Jerry Facher is the lead attorney for Beatrice Foods. He is also a law professor. He specializes in litigation cases, unlike Jan Schlichtmann. Mr. Facher believes that there...
Words: 320 - Pages: 2
...How a professional team markets itself: Anderson Silva UFC Fighter The Ultimate Fighting Championship, known as UFC, was founded in Denver, Colorado, in 1993 by Rorion Gracie, a Brazilian Jiu-Jitsu fighter, and Davie Arthur, an American publicist. Gracie wanted to create a championship to prove that the Jiu-Jitsu was the most complete martial arts. At that time, in UFC events, athletes used to fight several times in one night, until only one was the winner. The main idea was to show the strength of Jiu-Jitsu, so there were no weight categories and all martial arts were allowed; a sumo wrestler could face an expert in karate athletes. There were almost no rules and, as a result, it not recognized as a sport (Correia ¶ 01). In 2001, the brothers Frank and Lorenzo Fertitta, owners of a chain of casinos in Las Vegas, bought the event. The two brothers promoted many changes in the UFC: they stipulated 31 rules, and the athletes were divided into five categories according to weight. It was also determined that each fighter would participate in only one fight per night. After buying the event, the brothers invested considerably in promoting it and the result is that today, in each edition, the event reaches 351 million homes in 130 different countries . In the U.S., over the past three years, the UFC has grown by 30% its fan base, which is estimated to be 31 million in U.S. and 61 million around the world (Esteves ¶ 04). According to CNBC, the brand Ultimate Fight acquired...
Words: 986 - Pages: 4
...To: PeTA Cc: Brenda Martin From: Ashley Burns Date: September 10, 2011 Subject: Analysis of Pamela Anderson PeTA ad Human VS. Animal Introduction Men and women are exposed to advertisements every day, weather they think they are or not. Unfortunately, there are more and more that goes against women and degrades them. The design features of this PeTA ad uses and focuses of female stereotypes, in order to persuade men and women to become a vegetarian. There are ways this could be portrayed as a stereotypical ad, from the model, to how she is sitting and what she is wearing, or even with what the text says, to the color choices. Description The ad was smaller when it was pulled it up on the internet, but the model is Pamela Anderson. There are limited colors of white, blue, black, and the skin and hair color of the model. It is obvious that she is trying to be sexy in every aspect. It looks as if she is sitting on a bed. She is wearing a revealing two-piece blue bikini, slightly showing some cleavage, and her hair and make-up are done, which pulls attention to the look on her face. Clearly, the look she is trying to go for is innocent. Also, her body is sectioned into parts just as a cow’s body would be when processed for meat. The text also plays a big part in this ad. Along the top of the ad it says: “ALL ANIMALS HAVE THE SAME PARTS,” and “HAVE A HEART, GO VEGETARIAN,” which surprisingly matches the color of her bikini...
Words: 1061 - Pages: 5
...CHILD 1: 02/07/2018 at 0911 CSW Anderson arrived at Clyde H Elementary and met with Jordan. Jordan walked in appeared healthy and free from any noticeable neglect-abuse. Jordan claimed that he is 9 y/o and lives with mom, dad and four of his other siblings. CSW Anderson inquired Jordan of the condition at home where Jordan said mom usually does most of the house chores; preparing food, cleaning and does all the disciplines. CSW Anderson asked about food and warm water and Jordan claimed they have sufficient necessities. CSW Anderson exploring into the discipline area and Jordan indicated that “the twins don’t clean and mom didn’t say anything to them.” Jordan continues, claimed that mom would ground them if they are naughty, but added that...
Words: 1753 - Pages: 8
...AA had undertook Enron’s audit function responsibility, AA failed to advice on Enron’s internal controls and policies. As a result, Enron internal control and policies were inadequate to protect the interest of the shareholders. AA failures to bring these matters forward had permitted Enron to continuously manipulate the numbers and caused the public and stakeholders to be misled. 3. Arthur Andersen Faulty Decisions The culture of AA was changed from integrity and in technical competence towards revenue focus. This was due to the change in AA’s CEO to Joseph Berardino. Berardino was aggressive in revenue generation that changes AA culture. Hence, AA was concern with potential loss of revenues from clients. The issue in this case was the use of Special Purpose Entities (SPEs) for financial report manipulation that was approved by AA. SPE is a legal entity created for firm to isolate financial risk. The structure of Enron’s SPEs approved by AA were used for off-balance sheet financing, even though it failed to meet the required outsider 3% equity risk (Viktoriaovoian 2011). For instance, in 2001, AA auditors advised Enron that it could use a favourable accounting method for its SPEs. This was in contravened to the accounting methodology of AA’s Professional Standards Group (Fraud Law Resources for Oregon and Washington n.d., Fighting Financial Fraud section). 4. Prime Motivation of Arthur Andersen (AA) and Its Audit Partners The prime motivation...
Words: 761 - Pages: 4
...The problem with that is Josina Anderson does not work for Jeff Fisher. Anderson wanted to do a piece on the impact of Sam’s sexuality on the dynamic of an NFL locker room. She was well within her right to interview and report what she gathered from the players she spoke too. “In the right hands and with the right reporting, it can be a story,” said Jim Buzinski, the co – founder of Outsports.com, the country’s leading gay sports publication (Deitsch 2014). With serious reporting and sources this could have been a legitimate story. This is where Anderson really went wrong and created an unethical piece. She instead threw out one anonymous player who said that Sam appeared to be holding back on showering with his teammates. Another player was quoted saying there could be million reasons for that. It was unethical reporting by Anderson that insinuated Sam was not showering with his teammates out of lack of comfort without any real proof to show that. Michael Sam went from a seventh round pick trying to make the team to being a distraction in the...
Words: 552 - Pages: 3
...FACTS: On August 18, 1983, Francis Connelly approached Officer Anderson, a member of the Denver Police Department, and told him he would like to talk about a murder he had committed. Following proper protocol Officer Anderson informed Connelly of his right to remain silent, that anything he says can be used in a court of law, and also that he had the right to an attorney before any discussions or questions from the police. Connelly responded that he understood his rights but he wanted to proceed. From there Officer Anderson asked him several questions, and the officer even reminded Connelly that he did not have to talk to him. Connelly answered that no he had not been drinking, and he was not taking drugs. However he did inform the officer that he had been a patient in several mental...
Words: 545 - Pages: 3
...Case Comm v Anderson In the case of Commissioner of Internal Revenue v Charles N. Anderson, the court sought to review the decision upheld by the tax court regarding the exclusion of meal and lodging services from gross income provided by employers to compensate employees. The tax court had initially decided that the meals and lodging services would be excluded from the taxpayer gross income because the meals furnished and lodging provided were primarily because it occurred on the “business premises of the employer” so it would be excludible from gross income. However further details appeared as the lodging services were not on business premises but actually were two blocks away at a location where the employer built for the taxpayer to stay close proximity within his employment location. The court had to review the decision and come to a new agreement. The relevant facts of the case were that the location and primary residence of the taxpayer was furnished by the employer for the sole reason of being in close proximity with his employment location which was two short blocks away from the residential property. The acceptance of the residential property of the employee was mandatory and a part of his condition of employment. The meals furnished by the employer consisted of groceries to be given to the employee’s family. The court agreed that they had come to a consensus upon the agreement that the employer business premises was in fact by definition, a residence owned by an employer...
Words: 559 - Pages: 3
...2015/4/7 TED Talk Takeaways: 8 Ways to Hook Your Audience TED Talk Takeaways: 8 Ways to Hook Your Audience By Gavin McMahon on July 30, 2014 | 8 Comments “You will live 7.5 minutes longer than you would have otherwise, just because you watched this talk.” This was the claim that video game designer Jane McGonigal presented to the crowd during her June 2012 TED talk. As the camera panned over the members of the audience, their faces showed universal skepticism: Was this lady serious? There was something else interesting about that crowd. Despite their doubtful visages, everyone in the audience was drawn in by McGonigal’s words. No one was checking their email, talking to their neighbor or looking at the camera circling in front of them; all eyes were fixated on the (potentially crazy) speaker. Great hooks, like McGonigal’s provocative opening statement, get audiences on the edge of their seats and give them a sense of what’s coming. They allow you to win a crowd’s attention right away and give you a legitimate chance to have a lasting impact. Consider the alternative: Have you ever witnessed a presentation where a colleague starts by saying something like, “OK, so we’re going to run through a few major takeaways from last quarter and hopefully be out of here within the hour?” Snooze! All that has you thinking about is whether you should go to the bathroom now or in 20 minutes. Starting your presentation in an unorthodox way provides your audience with...
Words: 975 - Pages: 4
...It was the beginning of March when the most heart breaking thing happened to Sarah. Her boyfriend of 3 years had broken up with her with no explanation. She was devastated; crying, she tried to call him but the other line’s response was “Sorry your call cannot be completed.” He had blocked her and disappeared from her life without saying a word. She didn’t know what to do. She was so confused and she felt so low. Going into work the next day, she was still weeping over what happened. The last thing she wanted to do was face her co-workers and customers. She spent most of her shift in the bathroom crying. She tried calling other co-workers to see if they could cover her shift, but it was on a Saturday, so she knew no one would be willing to take it. When she faced people, she tried her hardest to wipe the tears away and keep a fake smile. During her shift, there was a group of friends who came in. Working at the register, she took their order. When Sarah and her co-worker Lauren brought them their food. One guy apologized to Lauren and said, “I’m sorry, I could not stop staring at your friend,” while getting up and introducing himself to Sarah. Her face turned red like a tomato when he offered his hand(*). On the other side of her, Lauren started to giggle. While walking back to the restaurant’s lobby she whispered to Sarah, “Maybe this is your time to move on.” Sarah just kept on walking with a smile creeping up on the side of her face. She looked at the guy who introduced...
Words: 1018 - Pages: 5
