Threaded Discussion - Financial Perspective



Threaded Discussion - Financial Perspective

Introduction

Many companies have placed inconsistent stress on the financial perspective at the expense of the other three perspectives and WorldCom is one of them. It is not appropriate to depend on merely one financial performance measure rather it is better to consider three bottom line approaches that offers inspection from diverse perspectives. WorldCom Example - one of the most fortune five hundred companies before its collapse (Niven, 2012).

Discussion

WorldCom - one of the largest accounting fraud stories that was due to the accounting irregularities committed by WorldCom. The accounting regularity was due ...