Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Why the problem appeared

  • Dishonest Board Members
  • Xerox failed to meet Wall Street requirements
  • Falsify results

Effected Stakeholders

Alarming Symptoms

  • United States and Fraud
  • Deception plan
  • Xerox sacked auditors
  • Hidden proof of fraud

1) Employees

2) Shareholders

3) Auditors

4) Xerox Creditors/Bank

5) Government

Dimika Patel, Katrina Ip, Jaime Lai, Karim Ahmed, Guy-Marc Zai

The Company

Response - Financial Community

Response - Society

  • Changes in accounting system
  • SOX law
  • Official penality
  • CEOs and CFOs responsibility
  • Improve validity of reports
  • Sued by SEC
  • Began in 1997
  • 5 years financial fraud
  • $2 BILLION
  • WorldCom And Enron
  • $10 million civil penalty charge
  • Shares
  • FTSE 100
  • Dow Jones
  • Dollar
  • Ethics
Learn more about creating dynamic, engaging presentations with Prezi