Abstract:
This paper explores the financial reporting scandal of WorldCom and the unethical
behaviour of the management behind the scandal. WorldCom, the second largest long
distance telephone carrier in U.S, was filed for the largest accounting scandal in the history of U.S. These accounting irregularities have resulted in the prosecution of WorldCom’s executives on security charges. This paper will point out many of WorldCom’s shortcomings and unethical behaviour of the management.
