Analysis Of Usama Ibn Manqidh A Muslim Warrior And Writer...

Usama ibn Manqidh a Muslim warrior and writer who lived during 1095-1188 in Shayzar, Syria. The First Crusade happened in 1096 and the Crusaders seized Jerusalem, Usama would grow up among the Christians infiltrating the Holy Land. In the year before Usama dies, Jerusalem is recaptured by Muslim general Saladin. Usama lived during a time of great tension and dislike between Muslims and Christians, giving the reader his perspective of the invading Christians in his home land. He was also a tremendous story teller and would sometimes exaggerate details in his memoirs to make a better story, even though some details are exaggerated his insight of the Crusades is important. Usama ibn Manqidh’s perspective of the Crusades is valuable, he expresses in his memoirs the distinctions between Muslims and Christians through their cross cultural interactions that took place during the Crusades. A distinction that Usama finds among the Muslims and the Christians is their use of medicine and how they treat people. He recalls of a story of a Muslim physician treating a knight with a leg wound and a woman with a mental illness. After a few days of treatment from the Muslim doctor both patients are getting better, however a Christian doctor arrives and disregards everything that the Muslim doctor has done and begins his own treatment for the patients. His form of treatment is far more brutal he has the knights leg chopped off but then the knight bleeds to death. As for the woman he believes

The Case About Accounting Fraud At Worldcom - 1964 Words

the analysis of the case about Accounting Fraud at WorldCom Group member: Weichuan Xu Miao zhou 1. What are the pressures that lead executives and managers to cook the books? Firstly, one of the pressure is the company’s goal that was made by the top executive Ebbers. There is an economic recession and the bubble collapse which make the conditions deteriorate in 2012. He thinks that the company should focus on being the NO.1 stock on Wall street rather than the company’s really good operation situation, which is a strategic mistake. It means that the whole company might pay a close attention to the company’s good financial ratio excessively. In detail, facing the serious situation, the executives still tried to maintain the company’s†¦show more content†¦Due to the difficulties to find a company like WorldCom to make such a benefits for their family, they will choose to survive and undertake the burden from the surrounding. 2. What is the boundary between earnings smoothing or earnings management and fraudulent reporting? The earnings smoothing is for management who try to maximize the wealth of company and reduce the risk of the firm. It can also improve the value of company and reduce the tax in order to make the financial statement more reliable. Management can keep an illusion of consistent increasing, borrow money from next quarter, and load up expense to reduce the variance of periodic profit to some extent allowed by accounting principles. The management can use of accounting techniques to make positive picture of company represented by financial reports. It can keep the investment from investors and shareholders because they prefer to paid the higher price of stock only when there’s a stable increase in the earnings. On the other side, fraudulent reporting is about the deliberate action for issuing a misleading financial statements. The purpose is to conceal the real performance and negative picture of business. However, the management is intention to conceal the actual performance of the company regardless the legal and legitimate practices by its financial statements. WorldCom’s action is a fraudulent reporting rather than earning smoothing. It saidShow MoreRelatedAccounting Scandal of Worldcom940 Words   |  4 PagesMANAGERIAL ACCOUNTING WORLDCOM How did it cook the books? Nguyen Bao Khanh Student ID: FB60162 Class: FB0662 May 19th, 2012 APENDIX 1. WorldCom’s accounting scandal 2. How did WORLDCOM cook its books? 3. Conclusion WORLDCOM headquarter in Virginia, USA. WORLDCOM’S ACCOUNTING SCANDAL WorldCom, established in 1983, whose CEO was Bernard Ebbers, was the second largest long distance phone company in the US after ATT. It could be seen as a pride of America until it got into oneRead MoreWorldcom Failure1198 Words   |  5 PagesWorldCom Failure in relation to its Organizational Behavior LDR/531 - Organizational Leadership October 7, 2010 WorldCom Failure in relation to its Organizational Behavior INTRODUCTION Year 2002 saw an unprecedented number of corporate scandals: Enron, Tyco, Global Crossing, etc. In many ways, WorldCom is just another case of failed corporate governance, accounting abuses, and outright greed. Many people may question if there is a secret to operating a successful business in modern times.Read MoreA Case Of Accounting Fraud1555 Words   |  7 Pagesmajor case of accounting fraud driven by the desire to build and protect one’s personal financial condition is the WorldCom debacle. Bernie Ebbers had to show continually growing net worth in order to avoid margin calls on his own WorldCom stock that he had pledged to secure loans. When WorldCom, the telecommunications giant, failed and was put into bankruptcy, the U.S. witnessed the largest accounting frauds in history. Former CEO, Bernie Ebbers, was convicted of orchestrating this accounting fraudRead MoreDo Big Companies Take So Much From Each Other?1328 Words   |  6 Pagessubsidiary of Verizon Communications. In the article World-Class Scandal At WorldCom by David Hancock he discusses how â€Å"The corporation was formed as a result of the fusion of WorldCom and MCI Communications corporations, and used the name MCI WorldCom for a while and was succeeded by the WorldCom Company, before changing its name on April 12, 2003, as part of the corporation s ending of their bankruptcy status.† WorldCom Inc. began as a small Mississippi telephone service provider of long distanceRead MoreWhy Do Big Companies Take So Much From Each Other?1330 Words   |  6 Pagessubsidiary of Verizon Communications. In the article World-Class Scandal At WorldCom by David Hancock he discusses how â€Å"The corporation was formed as a result of the fusion of WorldCom and MCI Communications corporations, and used the name MCI WorldCom for a while and was succeeded by the WorldCom Company, before changing its name on April 12, 2003, as part of the corporation s ending of their bankruptcy status.† WorldCom Inc. began as a small Mississippi telephone service provider of longRead MoreRelationship Between Andersen And Worldcom Essay1005 Words   |  5 PagesRelationship between Andersen and WorldCom Andersen was WorldCom’s external auditor from 1990 to 2002. They has shared a good relationship since the time Andersen was found. After MCI had been acquired by WorldCom, Andersen got the position to audit MCI at the cost that WorldCom offered Andersen less amount of auditing service fee than other accounting firms. (ACC guest speaker series presents David Myers.(2009).[Video/DVD] Baylor University). But according to the size of WorldCom, such amount of money couldRead MoreWorldcom Case1078 Words   |  5 Pages3) Roots of the scandal The roots of the fraud and the role of internal auditors As explained above, the fraud was implemented by the former CEO Bernard Ebbers and commited by his financial director Scott D. Sullivan. The technique used by Worldcom was pretty simple; indeed, he cooked the books by saving pure operating expenses such as maintenance network in capital expenditure instead of expenses in order to hide its decreasing earnings and to maintain the price of Worldcom’s stock. In summaryRead MoreBernard Ebbers And The Grand Success Of Worldcom1608 Words   |  7 Pagesco-founder of WorldCom. WorldCom was the second largest long distance phone company in the United States now known as MCI, because of the tremendous scandal that led to the company’s bankruptcy (Crawford, 2005). With the grand success of WorldCom, Bernard Ebbers became one of the most powerful American businessman ever to face a criminal trial. In 2005, Ebbers was found guilty of securities fraud, conspiracy, and filing false documents with regulators. With the fraud committe d to WorldCom, it led toRead MoreIndustry Specific Changes. The Telecommunications Industry1697 Words   |  7 Pagesproposals are approved on a case-by-case basis (Litan Noll 2004). During the 90s boom, Ebbers and LDDS Communications successfully expands through various acquisitions. By the time the 1996 Telecommunications Act is enacted, competition in the telecommunications industry soared. After the successful acquisitions of MFS Communications and UUNet Technologies, the newly formed WorldCom offers long distance, data communication, and local services. In 1997, WorldCom successfully acquires MCI CommunicationRead MoreLost insurance benefits as well as retirement benefits tied to WorldCom stock. Shareholders, which1200 Words   |  5 Pagesas well as retirement benefits tied to WorldCom stock. Shareholders, which included many pension funds, lost billions of dollars. The California public-employee’s retirement system, the largest state pension fund in the country, sued in an attempt to regain some of the $580 million it lost in the WorldCom debacle (Ripley 6). The telecommunications industry suffered as well. Industry companies were competing against WorldCom under false pretenses. WorldCom was fraudulently stating its financials

Arbenzs Land Reform and Social Culture in Guatemala free essay sample

This paper examines the impact on Guatemalas social culture of the Arbenz land reform. The following paper discusses the three major effects that land reform had on Guatemalan social culture. Questions such as: What groups, exactly, benefited from the reforms? What groups opposed them? What do the resulting conflicts over land reform reveal about the already existing character of Guatemalan society, and how that society partly transformed itself during the era before the `Liberation` by U.S. backed forces. From the paper: `First, by redistributing land to, and encouraging greater political participation by, sectors of the Guatemalan population that had been harshly controlled and repressed for centuries, it awakened hope. Second, it brought to the fore many already simmering conflicts between different ethnic groups, classes and institutions in the countryside. Third, it invited a fanatical anti-Communist reaction by the landowners and the military that continues to shape Guatemala to the present day. We will write a custom essay sample on Arbenzs Land Reform and Social Culture in Guatemala or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page `

women and shopping Essay Example

women and shopping Essay There has always been a lot of interest in what actually goes on at an Ann Summers Party. Particularly by men I wonder why? Well, its really no big secret. You organise for a bunch of women to be sitting comfortably in a friends home, with a glass of wine in one hand and a bowl of nibbles in the other, and you go out of your way to make sure that all these women have a good girly night in! My parties usually last about two to two and a half hours long, Brilliant for a Friday or Saturday night because you have your party booked to start at around 8pm and by 10.30pm you and all your mates are in the pub or the nightclub having already had a few drinks and well in the mood for a good night out! Well contrary to popular belief, your Ann Summers Party Organiser is not there to make complete fools out of you all (although the odd faked orgasm doesnt go amiss). Our aim is to entertain you and give you the option to look at and purchase items that you wouldnt normally browse in a shop for . We will usually start off with introductions, and run through all the things you need to know about payments; delivery dates; guarantees etc, and then we will loosen things up with a couple of party games. How risqu the games are is entirely up to the guests at the party, you can choose whether to be completely mad and make fools out of your friends or just to have a bit of a giggle, there is something for everyone! After the games we will start with the demonstration. This usually takes about an hour and you will be shown a selection of underwear, novelties, and sex toys! After the demonstration your organiser will encourage you to try on items of lingerie that you like, and will be on hand for you to approach with any questions you may have about the products. There will usually be a raffle during the evening where you will get the chance to win Ann Summ