... senior executives of the company. The Justice Department is also conducting a criminal investigation. Shortly after HealthSouth's stock went public in 1986, they began "inflating their earnings to match Wall Street analyst's expectations and to maintain the market price for the stock" (SEC Charges Richard Scrushy and HealthSouth with Massive Fraud). It is estimated that the overstatement amounted to $1.5 billion between 1999 ... public accounting firms. Section 200 - Conflicts of Interest between Auditors and Clients 201 - Prohibits auditors from providing the following services to thei...

• Word Count: 2557
• Approx Pages: 10
• Grade Level: Undergraduate