(Answered) Accounting discussion broadgo out onto the web and find a

Accounting

Accounting discussion broad

Go out onto the web and find a company that has been "caught" reporting costs incorrectly. This could be inventory valuation, it could be costing methods, it could be channel stuffing.

The SEC finds fault with a number of companies each year and one major source of fault are issues around matching inventory costs to revenue properly. so let's see what you can find.

Those company cannot use

Peregrine Systems	WorldCom (MCI)	Freddie Mac Scandal
Olympus Corp	Adelphia Communications	Global Crossing
Penn West Petroleum	American Apparel	Goldman Sachs
Peregrine Systems, Inc	American Insurance Group (AIG)	Home Loan Services Soluctions, LTD
Qwest Communications	AOL Time Warner	IMClone System
Satyam Computer Services	Bernie Madoff	Jewelry and Collectibles Company With Accounting Fraud
The Baptist Foundation of Arizona	Bristol Myers Squibb	Lehman Brothers
The HealthSouth	Channel Stuffing: Coca-Cola	Miller Energy Resources
Toshiba	Computer Sciences Company (CSC)	MusclePharm
Trinity National Corp	Dell Computers	OCZ Technologies Inc
Tyco Scandal (NYSE: TYC)	Diamond Foods	Arizona.
Waste Management (WM)	Enron Accounting Scandal

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