Enron
WorldCom
HealthSouth
Almost Perfect CPA
Fyre Festival
100

Which accounting firm was Enron’s auditor and eventually collapsed due to its role in the scandal?

Arthur Anderson

100

In what year did WorldCom file for what was then the largest bankruptcy in U.S. history?

2002

100

What service did HealthSouth provide as its primary business operation?

Inpatient rehabilitation services

100

What is the name of the audit client who filed a complaint against Murphy’s firm?

Dawson Manufacturing

100

Who was the mastermind behind Fyre Festival?

Billy McFarland

200

Who was the founder of Enron?

Kenneth Lay

200

Who was the CEO of WorldCom at the time of the accounting scandal?

Bernard Ebbers

200

What U.S government agency ultimately brought charges to HealthSouth in court?

Securities and Exchange Commission

200

Which charge(s) from the original complaint was most shocking to Murphy?

Accusing Murphy of violating every section of the entire ethics code

200

What was the amount raised from investors based on misleading claims?

$26 Million

300

What off-the-book entities did Enron use to hide debt and inflate profits?

Special Purpose Entities (SPEs)

300

What specific accounting manipulation did WorldCom use to inflate profits?

capitalizing line costs (operating expenses) as capital expenditures

300

Which former HealthSouth CFO wrote the book “HealthSouth: The Wagon to Disaster”

Aaron Beam

300

Which violation Murphy to agree he was almost perfect?

Providing the client with an engagement letter

300

What was the name of the fake ticket selling company created after Fyre Festival?

NYC VIP Access

400

What was the accounting method used to book future profits immediately, even if the money hadn’t been earned?

Mark-to-Market Accounting

400

Which internal auditor discovered the fraud, prompting WorldCom to admit accounting irregularities?

Cynthia Cooper

400

How much money did HealthSouth executives fraudulently overstate in the company's earnings?

$2.7 billion

400

According to Dr. Conn’s quote, which virtue did she identify as most important?

Courage

400

What is the name of the marketing agency that continued to run ads and delete negative comments, despite signs the event would fail?

Jerry Media
500

What is the name of Enron’s VP who sent a memo to the CEO in 2001, warning about their accounting practices?

Sherron Watkins

500

Under what section of the Sarbanes-Oxley Act would WorldCom’s failure to maintain internal controls be most relevant for legal liability?

Section 404

500

What was the coined phrase HealthSouth executives have quoted was used to describe the process of fraudulently inflating earnings?

“Filling the gap”

500

Which ethical framework likely influenced Murphy’s decision to to sign the agreement even though he didn’t believe he was truly guilty?

Utilitarianism

500

What is the amount of the main class-action lawsuit filed as a result of the festival?

$100 Million

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