Search results
Results from the WOW.Com Content Network
Cynthia Cooper is an American accountant who formerly served as the Vice President of Internal Audit at WorldCom.In 2002, Cooper and her team of auditors worked together in secret and often at night to investigate and unearth $3.8 billion in fraud at WorldCom [1] which, at that time, was the largest corporate fraud in U.S. history.
The Atlanta Public Schools cheating scandal was an inspiration for Ranked, a musical about academic pressure in school.Kyle Holmes (book) and David Taylor Gomes (music & lyrics) cite the scandal as one of their main inspirations for a storyline that featured adults cheating on behalf of students. [18]
This type of "creative accounting" can amount to fraud, and investigations are typically launched by government oversight agencies, such as the Securities and Exchange Commission (SEC) in the United States. Employees who commit accounting fraud at the request of their employers are subject to personal criminal prosecution.
Smith-Griffin is accused of lying about contracts with schools to get $10 million in investment. ... on a 2021 Forbes 30 Under 30 list with fraud. ... of Education and the Atlanta Public Schools ...
The audit committee made recommendations for corrective actions regarding both risk areas. The meeting also entailed a review of the audit department’s budget, which was unanimously passed as a ...
Forensic accounting combines the work of an auditor and a public or private investigator. Unlike auditors whose goal is focused on finding and preventing errors, the role of a forensic accountant is to detect instances of fraud, as well as identify the suspected perpetrator of the fraud. [ 2 ]
For premium support please call: 800-290-4726 more ways to reach us
Lower Merion School District is a federal class action lawsuit, [2] brought during February 2010 on behalf of students of two high schools in Lower Merion Township, a suburb of Philadelphia. [3] In October 2010, the school district agreed to pay $610,000 to settle the Robbins and parallel Hasan lawsuits against it.