Financial specialists have customarily relied upon the stone strong notoriety of examining firms. These autonomous companies were — and the companies that until now are with us — accused of fundamentally looking into the records and the accounting books of their customer partnerships and rendering assessments about the dependability of those records. That was not the same any more, notwithstanding, because of Enron and their auditing company, Arthur Andersen. Till the revelation of Arthur…
Economic crime continues to be a significant issue for the engineering and construction industry. In the beginning of this year, January 22, 2015, another violation of the FCPA took place. SEC encountered a FCPA case within the Engineering industry. Bribery case was against Walid Hatoum and Post, Buckley, Schuh and Jernigan (PBSJ) Corporation. PBSJ is one of Florida’s largest engineering designs firm; now known as The Atkins North America Holdings Corporation. The investigation was performed by…
Eric Foner makes it well known that President Nixon did not get along with workers and some known reporters. In the section called, “Watergate” Eric Foner states, “He viewed every critic as a threat to national security and developed an enemies list, that included reporters.” When a President has foes and considers them enemies his job will become very hard and Americans can claim him as bias. Also, by having the mind set as a critic could really make world affairs a rough situation for Nixon.…
Brian Cruver was a firsthand witness to the disturbing, surreal, and hilarious moments of Enron's long dance with death. When he first entered Enron's office complex, "the Death Star," he was the epitome of the Enron employee: young, brash, sporting a shiny new MBA, and obscenely overpaid. From his first day, however, when he was told that some colleagues hadn't really wanted to see him hired, he found himself in the middle of a venal greed machine whose story unfolded with all the absurdity and…
On March 23 the National Enquirer recently leaked racy news to the public that claimed Ted Cruz was caught cheating with 5 secret mistresses. The sex scandal shocked Americans across the nation, given that Ted Cruz is a conservative republican senator from Texas. This type of strategic communication release is most definitely a leak as well as a way of negative campaigning. The 2016 election is one of the craziest, most entertaining elections in our nation’s history. Given this fact, many…
The Justice System of the United States was founded on more historical terms. The Watergate was something that should've been expected, especially when Nixon was known for erratic and sometimes paranoid behaviors; which was proven by his “Checkers” speech. The Watergate affair was referred to because of multiple 1972 break-ins and electronic buggings. Within Nixon's administration officials, financial contributors and campaign officers more than 30 either pleaded guilty or were found guilty for…
In a case, such as this, time is money and the clock began ticking the second that letter was sent. Before I can answer the question of what our editorial board will do, I must first put it through the smell test. I want to know more about the source; who is Comey? I already know he is an FBI director, but who is he? What kind of reputation does he have? Is their clear conflict or possible resolution behind this letter? What is his motive; what does he have to gain or lose by sending this out so…
was in office, the biggest scandal in America’s political history unfolded named the Watergate scandal. This scandal included wiretapping and a burglary that made many Americans lose faith in the government. Nixon never admitted to his involvement one hundred percent, but one can assume per his actions and evidence provided by “Deep Throat”, he was involved willingly. 2. Body/ Evidence a. What is Watergate? i. Watergate is the name of one of the largest political scandal to date in the United…
The Watergate Scandal forever ruined the nation’s trust in the Presidency. Although the United States was doing well and had just made it out of the unpopular Vietnam War, the nation almost impeached Richard Nixon for his unacceptable actions. After the Watergate Scandal, there have been many more outrages from other well-known politicians. The Nation has reached a point where it can no longer trust the past and present presidents because of their actions. During a warm, early morning on June…
in financial fraud without thinking that the investors, and other stakeholders rely on those financial statements and the opinion of the auditor on those financial statements. The Sarbanes-Oxley Act was created because of the multiple accounting scandals of WorldCom & Enron in July 30, 2002. Because of that the investors lose billions of dollars, this negatively impacted financial stock market. Fraudulent accounting transaction and activities of immense business give rise to SOX. SOX was created…