Phar Mor

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    The Pentium Fdiv Bug

    95, Andrew Schulman. Who forwarded the message to Richard Smith the president of Phar Lap’s Software in Cambridge. Where their customers use the software to write number-crunching software that could be affected by the Intel P5 flaw. The programmers at Phar Lap’s test and confirmed the flaw in the division on the Intel P5 chips. After confirming the flaw Mr. Smith forwarded Dr. Nicely’s message to important Phar Lap’s customers, Including Microsoft, Borland, Metaware, and Watcom. This was the

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    Forensic Accountant: Fraud Buster

    The role of the forensic accountant in a couple of major accounting fraud scandals. The world of Accounting has seen several major scandals since the early 1990s. These include major accounting failures such as Enron, WorldCom, Adelphia, Tyco, Phar-Mor, Cendant, Computer Associates, AOL, Freddie Mac, ImClone, Qwest Communications, Royal Ahold, Health South Corporation, AIG, Lehman Brothers, and most recently the Olympus Corporation. Some of these have resulted in the collapse and dissolution of

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    Case 4.6 Phar-Mor, Inc.

    Case 4.6 Phar-Mor, Inc. 6. A) Other high profile cases where a company has committed fraud by misstating inventory include Comptronix Corporation and Bristol-Meyers Squibb Company. B) It is particularly difficult to detect intentional misstatements of inventory because manual checks of inventory only occur semi-annually, management’s ability to alter these checks, and the cheer ability to miscount items due to sheer volume. Phar-Mor was capable of misleading their external auditors because

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    It Is All There

    Current Issues in Accounting The case of Phar-Mor Inc is new to me after coming across a number of scandals and I am excited to do research on it. Phar-Mor Inc is a deep discount drug store that was established in 1982. The business model was to by huge masses of products or alternatively called “power buying” and selling them at a huge discount of 25 to 40% of retail price (Lansing, 2011). In 2002, the corporation had 310 outlets with 25,000 employees in majority of the states, 34 to be precise

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    Auditing Cases

    . . . . . . . . . . . . . . . . . . . . 111 119 127 137 Assessing the Control Environment and Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . 4.4 Waste Management, Inc. 4.5 Xerox Corporation 4.6 Phar-Mor, Inc. Manipulating Accounting Estimates . . . . . . . . . . . . . . . . . . . . . . . . . . Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting Fraud, Litigation, and Auditor

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    Wil-Mor Technologies: Is There a Crisis?

    Wil-Mor Technologies: Is There a Crisis? As of February 1997, there are significant problems in the relationship between Wilson and Morota, the respective American and Japanese auto-manufacturing suppliers that have created the Joint Venture Wil-Mor. There is a major concern that this JV is still unprofitable (since its launch in 1994), despite its relative successes in gaining market share and sharing knowledge and expertise across the two companies. The two parent companies are at odds over

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    Phar

    Global Warming Essay: Facts about Global Warming Spread Environmental Awareness and Encourage Fight against Global Warming Through Your Global Warming Essay The definition of Global warming is, “The observed and projected increase in the average temperature of Earth’s atmosphere and oceans”. Human actions, primarily the release of green house gases from smokestacks, vehicles, and burning forests, are perhaps the chief power causing this situation. CO2 (Carbon dioxide) emissions belong to the most

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    Aicpa

    Chapter 4 Cases 125 Case 4-1: Beauda Medical Center 126 Case 4-2: Campus Sports & Fitness Health Club 127 Case 4-3: Cleveland Custom Cabinets 128 Case 4-4: Family Games, Inc. 129 Case 4-5: First Community Church 130 Case 4-6: Juggyfroot 131 Case 4-7: Phar-Mor 132 Case 4-8: The New CEO 134 Table of Contents xiii Chapter 6 Legal and Regulatory Obligations in an Ethical Framework 191 Legal Liability: An Overview 192 Common Law Liability 192 Statutory Liability 196 Key Court Decisions of the 1933

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    Phar-Mor Case Study

    Phar-Mor Case 4.6 Questions 1. a) By hiring a member of its external audit team a company could gain insight into the auditor’s process and better devise methods of hiding fraud. b) Hiring a former auditor would greatly compromise and possibly impair the existing external auditor’s ability to remain independent. On top of having knowledge about the auditor’s practice, preexisting relationships could cause bias in the audit outcome. c) Sarbanes-Oxley Act 2002 limits the ability of corporations

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    Auditing Assignemnt

    | | | | | | | |Read Phar Mor Case posted on Blackboard | | | | | |Thursday October 3 |Audit Responsibilities and Objectives-Understanding

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    The Factors Which Changed Auditing

    competitive corporate environment. This event created a disturbing trend where auditors were once again caught responding to the “fire alarm” of earnings management fraud. The two major cases regarding earnings management are Phar-Mor Industries and Cendant. In the 1992 Phar-Mor case, Michael Monus created a Ponzi scheme by falsifying and inflating inventories to increase assets and then use the fake balance sheet as collateral for loans which he then used for personal gain (PBS 1994). The case highlighted

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    Er Du Mors Lille Dreng

    Er du mors lille dreng Gennemgang af filmen (kort) De har den forkerte indstilling selv før fødslen, de kan ikke blive enige om tøj og de er irriteret over at de skal bruge penge på tøj til barnet så de ikke har råd til cigaretter. Bjarne mener at efter 5 dage sammen med Jørn, så kender de ham ud og ind. Da Jørn er to uger gammel, kommer Bjarne og Anni op og skændes. Bjarne tager afsted, og de ser ham ikke i 6 dage Efter 18 dage, gider de allerede ikke at passe ham, Bjarne har været

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    Phar Mor

    A View of an Accounting Fraud and Litigation from   Inside the Courtroom       What the Jury Heard in the Phar­Mor Case 1  In the Phar‐Mor case, several members of top management confessed to, and  were convicted of, financial statement fraud. Certain of Phar‐Mor’s creditors and  investors subsequently brought suit against Phar‐Mor’s independent auditor,  Coopers & Lybrand, alleging the firm was reckless in performing its audits. A jury  found the audit firm liable for fraud. While this module can only contain a very small 

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    Etika Dalam Praktik Investasi Dan Pasar Modal

    FAKTA UTAMA • Phar - Mor telah berkembang dari 1 toko di 1982-310 toko pada tahun 1992, dengan penjualan melebihi $ 3 miliar. • Diskon besarbesaranpadausahatoko obat ritel yang sangat kompetitif . • Mickey Monus dinyatakan bersalah pada bulan Desember 1995 menggelapkan lebih dari $ 10 juta dan dihukum hampir 20 tahun penjara . • Hampir $ 1.140.000.000 diinvestasikan dalam perusahaan swasta yang dikuasai oleh Westinghouse Credit Corp , Sears Roebuck & Co , Edward J. de Bartolo , dan Lazard Freres

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    Historical Events on Feb 18th

    quadruple double-20 pts, 11 rebounds, 10 assists & 10 steals against Phoenix 1988 - Anthony M Kennedy, sworn in as Supreme Court Justice 1989 - Sherri Turner wins LPGA Orix Hawaiian Ladies Golf Open/Itoki Pro-Am 1990 - Jane Crafter wins LPGA Phar-Mor at Inverrary Golf Tournament 1991 - Edmonton Oiler goalie Grant Fuhr returns to NHL after season-long suspension for substance abuse & shuts out NJ Devils 4-0 1993 - Howard Stern's radio show begins transmitting to Rochester NY 1994 - Dan

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    Phar-Mor

    EVIDENCE FORM I have read UB’s policy on cheating and plagiarism (see UB’s website for more information). I have done all work myself with no HELP from anybody or any source. Please put your name in the line below to certify the above statement. ____ Huang ___________Xinlu____ Last First MAX points 40 Start time__5:25__ End time__8:15____ Below ..TIME TAKEN to COMPLETE The EXAM(not including DFD time) ___150mins_________ GENERIC ANSWERS/ANALYSIS WILL NOT GET CREDIT

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    Din Mor

    Spørgsmål om hæmatokrit der besvares på baggrund af hæmatokritforsøget, lærebogens beskrivelse af EPO (side 46-47) samt det vedhæftede dokument af Bengt Saltin: 1. Definer begrebet hæmatokrit Blod består af plasma og røde blodlegemer. Blodlegemer og plasma adskilles ved en proces, der kaldes centrifugering. Den procentdel, de røde blodlegemer udgør af den samlede blodmængde, kaldes hæmatokritværdien. 2. Angiv din hæmatokritværdi 50 3. Beregn den gennemsnitlige hæmatokrit værdi for piger

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    Brev Til Min Mor - Letter to My Mum

    Kære mor Jeg vil fortælle dig om min dag. Jeg plejer at stå op klokken 7. Bare i weekenden sover jeg lidt længere. Om morgenen laver jeg noget kaffe og spiser morgenmad. Så går min kæreste Sascha på arbejde og jeg går ud i bad, børster mine tænder og tager tøj på. Bagefter næsten altid har jeg lidt tid at tjekke min mail på computeren. Ved 9-tiden går jeg tur med hundene. Efter det slapper vi af og jeg laver morgenmad til hundene. Jeg søger efter arbejde som regel om formiddagen. Jeg skriver nogle

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    Auditing Cases

    . . . . . . . . . . . . . . . . . . . 111 Assessing the Control Environment and Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.4 4.5 4.6 Waste Management, Inc. Xerox Corporation Phar-Mor, Inc. 119 127 137 Manipulating Accounting Estimates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting

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    A Summay Essay

    Arthur Andersen and a series of investigations and shareholders lawsuits, most of which are still pending. Sunbeam joins an ignominious cluster of companies — Rite Aid, c u e International (now part of Cendant Corp.), Livent, Oxford Health Plans, Phar-Mor, Miniscribe and, most recently. MicroStrategies — in business's hall of shame. All of these companies have one depressing feature in common: top managers who, whether out of desperation or greed, apparently turned to accounting trickery to manufacture

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    Physic Test

    can be rewritten: TME = PEgrav + PEspring + KE The diagram below depicts the motion of Li Ping Phar (esteemed Chinese ski jumper) as she glides down the hill and makes one of her record-setting jumps. The total mechanical energy of Li Ping Phar is the sum of the potential and kinetic energies. The two forms of energy sum up to 50 000 Joules. Notice also that the total mechanical energy of Li Ping Phar is a constant value throughout her motion. There are conditions under which the total mechanical

    Words: 831 - Pages: 4

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    Phar-Mor

    Phar-Mor, Inc. Key Facts • Started in 1982 with 1 store. Up to 310 stores in 1992 with sales of $3 billion • Retail drug store- highly competitive, deep discounts • Mickey Monus, president and COO, found guilty of embezzling $10 million in 1995 • Monus had an extravagant life style • Sentenced to 20 years in prison • Monus and Patrick Finn his CFO • Manipulated I.S. accounts (understate cost of goods sold and overstated inventory) for 6 years • Inventory

    Words: 375 - Pages: 2

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    World

    addition to the fraud triangle, typical motivations of fraud perpetrators may be identified with the acronym M.I.C.E.: Money Ideology Coercion Ego Money and ego are the two most commonly observed motivations. Enron, WorldCom, Adelphia, Phar-Mor, and ZZZ Best provide good examples of cases in which the convicted perpetrators seemed to be motivated by greed (money) and power (ego). Less frequently, individuals may be unwillingly pulled into a fraud scheme (coercion). These lower-level individuals

    Words: 5045 - Pages: 21

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    The Case of Phar-Mor Inc.

    Summary: The Case of Phar-Mor Inc. The Phar-Mor Inc. a deep discount drug store chain, came into existence in 1982 as an affiliate of family-owned grocery chain Giant Eagle, which also owned a distribution company, Tamco Distributors Co. and the deep discount concept consisted of using “power buying” or purchasing the largest possible amount of product at best term, then selling at discounts of up to 25% - 40% off retail prices. Phar-Mor Inc. had fictitious inventory, fund diversions and a fraud

    Words: 1444 - Pages: 6

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    Phar Mor

    The Case of Phar Mor Inc. Sara Munger ACCT 525: Current Issues in Accounting Professor: Sharon Brown July 12, 2014 The Case of Phar Mor Inc. Fraud will always be an issue but was more so in the past before there were any real guidelines that companies and accountants had to adhere to. People with higher positions within a company somehow let the power get to them at times and can use that to their advantage. Rather than taking that position and being responsible and set the

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    Strategic Planning

    NAME: SHEILA PETIT-PHAR SUBJECT: BUS 288 FUNDAMENTALS OF BUSINESS PLANNING. DATE: NOVEMBER 14TH 2013 TOPIC: STRATEGIC PLANNING TEACHER: MRS. SAMANTHA V. EVANS Overview History This statement provides a common understanding of history of “La France Boutique” where its governing board rotates trustees on and off board every France Osias started “La France Boutique”

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    Accounting

    to Auditing Standards, your textbook, and other relevant authoritative sources is expected where appropriate. Even where some of the questions are quite general, try as much as possible to relate your answer to the case. 1. Some of the members of Phar-Mor's financial management team were former auditors for Coopers & Lybrand. (a) Why would a company want to hire a member of its external audit team? (3pts) (b) If the client has hired former auditors, would this affect the independence of the

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    Pharmor

    rely on what you find in those samples to determine accuracy of the remaining records. Phar-Mor was able to fool their accountants, Coopers and Lybrand, for several years about their inventory because they lacked integrity. The company’s MIS was inadequate and when asked about bettering it, senior officials shot the idea down because they wanted the fraud to go undetected. The internal controls were poor and Phar-Mor employees were able to bypass areas that should have had controls on them. The management

    Words: 873 - Pages: 4

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    Is Ethics the Reason Accounting Scandals Exist

    not exist. Take the Phar-Mor incident for example Phar-Mor, based in Youngstown, Ohio, sought Chapter 11 bankruptcy protection from its creditors in August 1992, after accusing three of its former executives, including Mr. Monus, of engaging in a six-year scheme of fraud and embezzlement(Collins,1995). Monus was simply greedy and living well beyond his means. According to reports he even funded the start of a basketball league the World Basketball League (WBL) costing Phar-Mor millions of dollars

    Words: 2093 - Pages: 9

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    Audit

    to Auditing Standards, your textbook, and other relevant authoritative sources is expected where appropriate. Even where some of the questions are quite general, try as much as possible to relate your answer to the case. 1. Some of the members of Phar-Mor's financial management team were former auditors for Coopers & Lybrand. (a) Why would a company want to hire a member of its external audit team? (3pts) (b) If the client has hired former auditors, would this affect the independence of the

    Words: 2003 - Pages: 9

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    Juggyfroot

    committed an act discreditable to the profession (Rule 501). If the firm should succumb to pressure from Baitz and Juggyfroot, the auditors have subordinated their judgment and have not acted with integrity. Case 2-9 Phar-Mor This case discusses the accounting scandal of Phar-Mor and show the rationalization of giving time to fix a situation, which may not be fixable. Ethical Issues This case highlights rationalization used to justify not doing ethical obligations. The rationalization was

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    Phar-Mor Case

    Assignment Week 1 The Case of Phar-Mor Inc Devry University ACCT 525-15768 January 12, 2014 Abstract The Sarbanes-Oxley Act of 2002 was implemented with the sole purpose of assuring the investors in the financial reporting system. One example is a case such as Phar-Mor which fabricated their inventory in most of their retail stores in order to conceal a massive fraud by the leading executives. Or the Waste Management scandal which did things such as capitalizing items which should have

    Words: 1536 - Pages: 7

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    Case

    . . . . . . . . . . . . . . . . . . . 97 Assessing the Control Environment and Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.4 4.5 4.6 4.7 Waste Management, Inc. Xerox Corporation Phar-Mor, Inc. 103 111 119 133 Manipulating Accounting Estimates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Evaluating Risk of Financial Statement Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting

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    Ethics Outline

    Distance and Continuing Education, Waterloo, Ontario, Canada, N2L 3G1 or by email. Course Schedule Monday date | Lecture topic | Tutorial Topic and Reading | May 4 | Pharmor video | Intro to course and what does Phar-mor suggest about the importance of ethics?Mintz pp. 88-9 Phar-mor case | May 11 | Research and citation review NOTE- Attendance is essential, any failure to abide by academic integrity expectations in subsequent assignments will not be excused as a result of missing this session

    Words: 5416 - Pages: 22

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    Wil-Mor Case

    WIL-MOR TECNOLOGÍAS: ¿HAY UNA CRISIS? 1. ¿Porqué se firmó esta JV? Esta JV se creó debido a varios factores que modificaron el mercado automovilístico del norte del continente Americano a finales del siglo XX. Al darse esos distintos factores Wilson, una empresa Americana dedicada a la producción de componentes para automóviles y electrodomésticos, se vio obligada a encontrar nuevos clientes a los que proveer con sus productos. Todo empezó con la internacionalización de las grandes empresas

    Words: 1679 - Pages: 7

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    Phar Mor

    to Auditing Standards, your textbook, and other relevant authoritative sources is expected where appropriate. Even where some of the questions are quite general, try as much as possible to relate your answer to the case. 1. Some of the members of Phar-Mor's financial management team were former auditors for Coopers & Lybrand. (a) Why would a company want to hire a member of its external audit team? (3pts) (b) If the client has hired former auditors, would this affect the independence of the

    Words: 813 - Pages: 4

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    The Case of Phar-Mor Inc

    Phar-Mor Inc., a deep discount drugstore chain, was founded in 1982 by Michael J. “Mickey” Monus, who was a vice-president of Tamco Distributors Co. By 1992, Phar-Mor have 310 outlets and 20,000 employees in 34 states. Phar-Mor went into bankruptcy in 1992 due to fraudulent activities, which had caused its investors over $500 million dollars. The Sarbanes-Oxley Act of 2002 (SOX) could have prevented the bankruptcy if it had been in effect and was able to be applied to Phar-Mor Inc. The fraudulent

    Words: 883 - Pages: 4

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    Kasus Pharmor

    Making Phar-Mor, Phar-Less Phar-Mor was a private company that was in the super-giant drug chain business.  It had achieved exponential growth and was already being compared to Wal-Mart as one of the great American success stories.  The company had grown in just seven years (1985-1992) from just a few stores to hundreds.  Sales went from literally nothing to over $3 billion.  The founders had become pillars of their communities owning sports teams and contributing substantially to local charities

    Words: 7146 - Pages: 29

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    The History of Accounting and the Accounting Profession

    article “The Case of Phar-Mor Inc.” the author Williams, S. Lansing (2011) presents a case study in hindsight to determine if the 1992 bankruptcy of the deep discount drugstore Phar-Moc Inc who cost its investors 500 million dollars might have been prevented if the Sarbanes-Oxley Act of 2002 (SOX) had been in effect. Do you think that Title II, Section 203, “Audit Partner Rotation” and Title II, Section 206, “Conflicts of Interest” of SOX would have prevented the bankruptcy of Phar-Moc Inc?

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    Phar-Mor, Inc. Research Paper

    Fraud Case on Phar-Mor, Inc. Introduction Phar-Mor, Inc. was one of the top ten deep discount store that grew rapidly in a short period of time during the 1980s. Phar-Mor pricing strategy was to sell products at an even greater discount than other deep discount stores like Wal-Mart. While the practice of selling at such low cost attract customers, Phar-Mor was experiencing losses. The prices were cut so low that profit would not be generated. And this was how the fraud began. To prevent the truth

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    Shreyawdw

    while the other failed annually from the project, as well as to What after installing an grow rapidly and gain market share [5]. determines enterprise system FoxMeyer’s plans did not work out. (ES), SAP R/3. At the After its major customer, Phar-Mor, if a system time of its R/3 imple- implementation went bankrupt in May 1993, mentation, beginFoxMeyer signed a major new cuswill be ning in 1995, Dow Corning Incorporated successful? tomer, University Healthsystem Conwas a $2.5 billion producer

    Words: 5692 - Pages: 23

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    Wil-Mor Technologies: Is There a Crisis?

    Case Analysis Wil-Mor Technologies: Is There A Crisis? November 2, 2010 Executive Summary After nearly four years since its founding, Wil-Mor, the joint venture (JV) between American-owned parts manufacturer, Wilson, and Japanese-owned manufacturer, Morota – is fast approaching a crossroads. The JV was formed in 1993 to support the “transplant” model of assembling Japanese-designed cars in the United States. From an American business mindset, Japanese automakers like Toyota, Honda

    Words: 4795 - Pages: 20

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    Essay

    ENGTR 0060 BIOL 301 001 Cell and Molecular Laboratory Dec 10 6 pm Zheng Che - Gep ENGTR 0070 BIOL 301 001 Cell and Molecular Laboratory Dec 10 6 pm Zheng Ger - Mla ENGTR 0100 BIOL 301 001 Cell and Molecular Laboratory Dec 10 6 pm Zheng Mor - Ster ENGTR 1090 BIOL 301 001 Cell and Molecular Laboratory Dec 10 6 pm Zheng Stew - Zzz ENGTR 1100 BIOL 304 001 Evolution Dec 11 2 pm Bell Aaa - Zzz GYM main gym 38-42 BIOL 306 001 Neural Basis of Behaviour Dec 10 2 pm Watt Aaa

    Words: 17461 - Pages: 70

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    Reforming the Russian Budget System: a Move to Mor

    WP/05/104 Reforming the Russian Budget System: A Move to More Devolved Budget Management? Jack Diamond © 2005 International Monetary Fund WP/05/104 IMF Working Paper Fiscal Affairs Department Reforming the Russian Budget System: A Move to More Devolved Budget Management? Prepared by Jack Diamond1 May 2005 Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily

    Words: 11287 - Pages: 46

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    Accounting Ethics

    and the closure of companies and accounting firms. The scandals were the result of creative accounting, misleading financial analysis, as well as bribery. Various companies had issues with fraudulent accounting practices, includingNugan Hand Bank, Phar-Mor, WorldCom, and AIG. One of the most widely reported violation of accounting ethics involved Enron, a multinational company, that for several years had not shown a true or fair view of their financial statements. Their auditor Arthur Andersen, an

    Words: 5921 - Pages: 24

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    Bilrite Wp C to Wp 2

    Expense - - 1/1/09 Balance per ledger $800,000 1/1-12/31/09 Monthly provision $500,000 $500,000 - - $1,300,000 $500,000 1/1-12/31/09 Write-offs: Pacific Coast Bike Shops ($325,600) * C Phar Mor Stores, Inc. ($134,600) * C Ontario Discount Stores, Inc. ($344,750) * C Jack's Bike and Training Shops ($275,050) * C - - 12/31/09 Balance per ledger $220,000 $500,000 AJE 2

    Words: 5151 - Pages: 21

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    Phar Mor

    Introduction: Michael “Mickey” Monus managed to lose over $500 million dollars of investor money while seemingly building a successful discount chain. Using catchy slogans such as "Phar-Mor power buying gives you Phar-Mor buying power" enabled Monus to take his chain from 1 store to over 300 in 10 short years. This phenomenal growth was attributed to selling a lot of merchandise, purchased at rock bottom prices, to turn a small profit. The success was unusually rapid and even had Sam Walton, of

    Words: 719 - Pages: 3

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    Effect of Behavior Article

    restated their financial statements. This resulted in almost $6 trillion of stock market value disappearing (Cunningham, 2003). I decided to do more research to see how many scandals such as these have occurred over the years before the act was created. Phar-Mor Scandal was a popular chain of drugstores in the 90’s. They were accused of mail fraud, embezzlement, bank fraud and transportation of funds received from theft or fraud. Once these illegal activities were discovered, it eventually leads

    Words: 313 - Pages: 2

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    Philosophy

    that the overall story remains consistent. In the Phar-Mor fraud, the auditors claimed that Phar-Mor had formed a “fraud team” of executives and former auditors who “continually worked to hide evidence” about the fraud from them. The auditors claimed that the fraud team “lied, forged documents and ‘scrubbed’ everything the auditors saw to hide any indications of malfeasance.” (See “Finding Auditors Liable for Fraud: What the Jury Heard in the Phar-Mor Case,” Cottrell and Glover, The CPA Journal, July

    Words: 2534 - Pages: 11

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    Accounting Frauds

    Clowes | 1988 | | United Kingdom | Gilts management service. £110 million missing | MiniScribe | 1989 | | United States | | Polly Peck | 1990 | | United Kingdom | | Bank of Credit and Commerce International | 1991 | | United Kingdom | | Phar-Mor | 1992 | | United States | | Informix | 1996 | Ernst & Young | United States | | Sybase | 1997 | Ernst & Young | United States | | Cendant | 1998 | Ernst & Young | United States | | Waste Management, Inc. | 1999 | Arthur

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