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Finance & Accounting Essay

Xerox Corporation Case Study 03066
Xerox during the reported fraud period suggests that company was highly involved in the practice of false creative accounting techniques including topside accounting, misrepresentation, manipulation, first call estimation and creative numbers game. The manipulation was done in the measures that are required to be disclosed under the guidelines of GAAP.At the time of scandal disclosure, KPMG institution was the external auditor of Xerox (Jessup, & Nance, 2011). KPMG has a historical heritage of
Pages: 10 (2500 words), Essay
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Xerox Corporation Case Study 03066
Of printing devices, scanning machines, communication devices, publishing systems (Jessup, & Nance, 2011) and a wide range of offered outsource services as well (Girod, Alter, Harris and Junglas, 2011). Claiming to be the leader in document technology, Xerox admits the volatile nature of its business due to the association with the ever-changing technology. Girod, Alter, Harris, and Junglas, (2011) suggest that technology businesses work under high pressures of current competitive scenario.
Pages: 10 (2500 words), Essay
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