Posts Tagged: paper trail

Golden Arches wants their Money Back

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, McDonald’s,the fast-food giant claims Steve Easterbrook, whose severance package is said to be worth $42 million, destroyed a paper trail of his “inappropriate personal behavior.” Questions: What did Mr. Easterbrook cover up? Why did the company reopen the firing case back up in July? How did the company find out… Read more »

Don’t Mess with the Chef: Bob McDonnell’s downfall

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting.

Former Virginia governor Robert F. McDonnell and his wife, Maureen, were charged Tuesday, January 21, with illegally accepting gifts, luxury vacations, and large loans from wealthy Richmond-area businessman, Jonnie R. Williams Sr., in return for special treatment from the state government. Questions: 1. Did McDonnell’s wife commit fraud by accepting the $3,500 refund? Discuss. 2…. Read more »