I-Worldcom's Magic Trick - I-Worldcom Scandal ichazwe

Yeyiphi enye yeeNkampani ezinkulu kakhulu zehlabathi ezilawulwe ukwenza i $ 3.8 Billion Disappear

Mhlawumbi uye wakuva malunga nehlazo likaWorldcom, enye yezinto ezikhohlakeleyo kunye nokuxhaphaza ngokubanzi ukugubungela iWall Street kwisizukulwana. Ukuba ungekho kwaye uyadinga inkcazo ngokukhawuleza, ngokuqinisekileyo ihla apha: I-Worldcom, enye yeenkampani ezinkulu zehlabathi zokunxibelelana kwee-telecommunication, i- stock share stock hold holding for many retirees, kunye negama lekhaya kulo lonke ilizwe, uzame ukufaka imivuzo yayo ngenani elingama-$ 4 ezigidigidi ngokusetyenziswa kweengxelo zezimali zayo, ingakumbi ingxelo yemali engenayo kunye ne- balance sheet , efumaneka kwifom ye- Form 10-K kunye nokunika ingxelo yonyaka .

Yenza oku ngokusebenzisa amacandelo olawulo oluphezulu. Ukuqonda indlela oku kwenzeka ngayo, kufuneka uqonde indlela iGosa eliPhethe lezeMali uScott Sullivan eliphatha ngayo imali yenkcitho, ekhoyo, kunye neendleko, ezihlawulwayo, kunye nento eyaziwa njengendlela yokufumana imali, eyona mgaqo-siseko wokubakhokelela.

Ukucacisa i-Scandal ye-Worldcom, Ndifuna ukukufundisa nge-Accrual Method

Xa ishishini lenza iindleko, i-accounting regulations ithi iindleko zeendleko kufuneka zabiwe phezu kwexesha eliya kuzuza inkampani. Le nzame ukufanisa imali kunye neendleko ezithathiweyo ukuvelisa ezo ntlawulo ziyaziwa njengeendlela zokufumana imali. Umzekeliso kwi- Investing Lesson 4 uza kunceda:

USherry's Cotton Candy Co., ufumana i-US $ 10,000 inzuzo ngonyaka. Phakathi no-2002, ishishini lithenga umshini we-cotton candy wemali engama-7 500 okulindeleke ukuba uhlale iminyaka emihlanu, kwaye uya kubavumela abasebenzi ukuba benze i-candy candy kabini ngeyure. Ukuba umtyalomali uvavanya iingxelo zezimali , banokudimazeka ukuba babone ukuba ishishini lenze i-$ 2,500 kuphela ekupheleni kuka-2002 (imali eyi-10k yenzuzo-$ 7.5k yokuthenga umatshini omtsha.) Umtyalomali uyazibuza ukuba kutheni inzuzo iwele kakhulu kunyaka.

Ngombulelo, iingxelo zeSherry ziza kumhlangula kwaye zixelele ukuba i-7 500 zamaRandi kufuneka yabelwe phezu kwexesha eliza kuzuza inkampani. Ekubeni umatshini we-candy kulindeleke ukuba ahlale iminyaka emihlanu, uSherry angathatha ixabiso lomshini wekotoni kwaye ahlule ngamahlanu ($ 7,500 / 5 iminyaka = $ 1,500 ngonyaka.) Esikhundleni sokuqaphela ixabiso lexesha elilodwa, inkampani shenxisa i-R500 1,5 ngonyaka ngamnye kwiminyaka emihlanu ezayo, ingxelo yokufumana i-$ 8,500. Oku kuvumela umtyalo-mali ukuba afumane umfanekiso ochanekileyo wenkcubeko yezoqoqosho.

Kulo mzekelo, ukuthengwa komshini we-candy machine ngumhlobo wenkcitho-mali. Inkcitho-mali iindleko iinkampani ezenza ukuba zihlawulele iimpahla ezifana nomveliso, umatshini okanye izixhobo. Le ndlela yokwenza imali yokubambisa iindleko zengxowa-mali ayisebenzi kwiindleko zokusebenza ezinjengempahla, imivuzo, iimpahla zeofisi kunye nezinto ezinjalo.

Yenza iHokey-Pokey (okanye indlela yokucima iincwadi zakho)

Oku kusebenza njani kwi-Worldcom? I-CFO yenkampani, uScott Sullivan, ngobuqhetseba ithathe iibhiliyoni zeedola kwiindleko zokusebenza kwaye zazisasaza kwiindawo ezibizwa ngokuba yi-akhawunti yepropati, eyinombolo yexabiso lexabiso lemali. Oku kwavumela i-Worldcom ukuba ihlawulise iindleko ngokukhawuleza, kwaye ngexabiso elincinci, endaweni yokubazisa ngokukhawuleza kubatyalomali. Ngo-2001, inkampani yabika i-$ 1.4 billion yenzuzo. Ukuba iindleko zokusebenza azizange zifihliwe ngokungalunganga, i-Worldcom yayiya kulahla imali ngemali ka-2001 kunye nekota yokuqala ye-2002.

Eli nqaku lishicilelwe ekuqaleni ngoMeyi 24, 2003.

Kuthetha ukuthini oku kubatyalomali

Ubuqhetseba be-Worldcom bunempembelelo enkulu kubafakeli-mali. Isiseko semali yezemali yaseMelika kukungqinelwa kweengxelo zezemali ezikhishwe ngabaphathi. Ngaphandle kokuba loo manani ichanekile ngokusemandleni, abahlalutyi, abaphathi bemali, kunye nabahlawuli-mali-mali abanayo abanakho izixhobo zokuzixabisa ngokufanelekileyo ishishini . Nangona i-CFO Scott Sullivan ivikela ukhetho lwakhe lokunika iindleko ezibhekiselele kumbuzo, yena kunye neWorldcom baye ngaphaya kweendlela zokuziphatha ezigwenxa ezisetyenziswa kwezinye iinkampani.

Isenzo sokulungisa

IKhomishoni yokuThuthukisa nokuTshintshiselana (i-SEC) iya kuqala ifuna abaphathi kwiinkampani ezinkulu ukuba batyikitye iingxelo ezifungayo ezikholelwayo, kwindlela engcono ngayo ulwazi lwabo, iinkcazo zemali ezikhutshwe yiinkampani zichanekileyo ngokunokwenzeka. Esi senzo singabakhokelela kubaphathi beburhulumenteni abajongene nomcimbi wokukhwabanisa.