{"id":50988,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/peru18"},"modified":"2017-08-16T12:32:09","modified_gmt":"2017-08-16T12:32:09","slug":"peru18","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/peru18\/","title":{"rendered":"PERU18"},"content":{"rendered":"<p>Healthcare Financial Statements and Ethical Standards Case Study Analysis<\/p>\n<p>Review the following case:<\/p>\n<p>According to the Securities and Exchange Commission (SEC), HealthSouth Corp., a Birmingham, Alabama, health-services company, overstated its profits by at least $1.4 billion between the years 1999 and 2003 to meet or exceed Wall Street estimates. The allegations came just seven months after an earnings restatement and insider-trading charges triggered the investigation. Although this case happened years ago, the fallout from the scandal was still in the news in 2012, demonstrating the long-term damage a healthcare organization can suffer as a result of fraud.<\/p>\n<p>There is a tremendous amount of publicly available information about the fraud committed by HealthSouth Corp. The fraud included many of the typical earnings-manipulation tricks such as capitalizing expenses, understating reserves for receivables, and extending the usefulness of equipment. There was none of the highly technical fraud such as that seen in Enron.<\/p>\n<p>Access the following link to learn more about this case:<\/p>\n<ul>\n<li>U.S. Securities and Exchange Commission. (2003).&nbsp;Complaint for injunctive and other relief. Retrieved from&nbsp;<a href=\"https:\/\/www.sec.gov\/litigation\/complaints\/comphealths.htm\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.sec.gov\/litigation\/complaints\/comphealths.htm<\/a><\/li>\n<\/ul>\n<p>Analyze each element of this case. Consider the following aspects in your analysis:<\/p>\n<ul>\n<li>Identify the specific methods used by management to manage earnings.<\/li>\n<li>Establish a scenario in which you are a midlevel manager in a healthcare organization and you suspect that management is manipulating earnings. You benefit from the manipulation because your bonus is based on earnings. In addition, you have determined that becoming a whistleblower will be detrimental to your career. What will you do? If you decide to be a whistleblower, what protection is available to you?<\/li>\n<\/ul>\n<p>Give reasons to support your statements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare Financial Statements and Ethical Standards Case Study Analysis Review the following case: According to the Securities and Exchange Commission (SEC), HealthSouth Corp., a Birmingham, Alabama, health-services company, overstated its profits by at least $1.4 billion between the years 1999 <a href=\"https:\/\/www.benedictsol.com\/blogs\/peru18\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-50988","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/50988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=50988"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/50988\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=50988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=50988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=50988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}