worldcom
RSS worldcomSarbanes-Oxley Act: A Regulatory Perspective
White Paper In response to the accounting scandals at Enron, WorldCom, and others, the United States Congress enacted the Sarbanes-Oxley (SOX) Act in July 2002. The intent of the Act is to: restore public trust in the securities market, improve corporate... [03 Jul 2008]
Are rogue traders an inevitable evil?
Comment The act attempted to prevent a rerun of financial scandals such as Enron and WorldCom by imposing thorough checks and balances across business and IT functions simultaneously. Experts say investment banking fraud can never be eradicated - even with... [15 Apr 2008]
The PBX Alternative: Hosted IP Telephony
White Paper This paper provides an overview of how the market for IP telephony and convergence is evolving and helps organizations understand the value of convergence, along with its unique implementation and management challenges. [10 Apr 2008]
Session Initiation Protocol (SIP) and MCIAdvantage
White Paper This paper explores the new communication services enabled by the Internet, including examples of new and potential services. An enterprise has two major incentives to complement existing services or migrate to IP communications. [10 Apr 2008]
Another Look at Internet Broadband Satellite
White Paper This white paper talks about Internet broadband satellite. As businesses seriously consider satellite, they need to pursue those solutions that deliver optimum IP performance over satellite while also supporting business applications and IP VPNs. [10 Apr 2008]
Top five takeovers that shook the tech world
News Worldcom and MCI, $37bn, 1998: Telecoms giant Worldcom bought MCI, the long distance operator, in 1998 for around $37bn. In the process, Worldcom had to pay BT almost $7bn to buy out the UK company's 20 per stake in MCI. [04 Feb 2008]
Sarbanes-Oxley and IFRS
White Paper The high-profile corporate scandals of several U.S.based companies, most notably Enron and WorldCom, led Congress to act to restore public confidence in U.S.financial markets. The result was the Sarbanes-Oxley Act of 2002 (often referred to as SOX... [07 Jan 2008]
Online Investing Hacks: Spot Hanky Panky With Cash Flow Analysis
White Paper Analyzing Enron's and WorldCom's financial statements can help one learn what to look for - and avoid. Company books are never cooked evenly - at least some of the numbers are real. It's more like they've been microwaved for a few minutes on high... [17 Oct 2007]
Planning for a Financials Implementation: How to Avoid a Nosebleed
White Paper Financial scandals at Enron and WorldCom, the crash-and-burn of the "Internet bubble," and the passage of the Sarbanes-Oxley Act have all increased the exposure and attention, both internal and external, paid to financial reporting and has made... [30 Nov 2006]
Leader: Unjust extradition laws must be amended
Leader High-profile sentences include 25 years for former WorldCom boss Bernie Ebbersm, 24 years for former Enron CEO Jeffrey Skilling and 12 years for Sanjay Kumar, the former CEO of software company CA, for his part in a $2.2bn accounting fraud at the... [22 Nov 2006]
Former CA boss given 12 years in jail
News It's unlikely to be much consolation but Kumar's sentence is also half of that handed to Bernie Ebbers, the former WorldCom boss, and also Jeffrey Skilling, the disgraced Enron CEO, who received 25 years and 24 years respectively. [03 Nov 2006]
The 2005 Oversight Systems Report on Corporate Fraud
White Paper From the conviction of former WorldCom CEO Bernie Ebbers to the acquittal of HealthSouth's Richard Scrushy, corporate fraud continues to make headlines. Four years after Enron's collapse, financial integrity remains a key issue for corporate America. [24 Jan 2006]
Tufin SecureTrack and Sarbanes-Oxley Compliance
White Paper The driving forces behind SOX are the corporate accounting scandals of Enron, Worldcom, and others. The Sarbanes-Oxley Act (SOX) was enacted by the U.S. Congress in 2002 in order to provide greater accountability in Public Companies. [03 Jan 2006]
Management Systems and Procedures
White Paper MCI WorldCom, with revenue of $30 billion, is the nation's fourth largest long distance provider and the fourth largest carrier in the world. These same proven management systems and procedures will be used to manage MCI WorldCom's FTS2001 program. [12 Dec 2005]
Sun Case Study: WorldCom
White Paper WorldCom investigated how it could open up its network management applications so customers could remotely access the information they need. WorldCom estimated it would cost $60 million to re-engineer its telecommunications applications in Java code. [28 Nov 2005]
