WorldCom Organization
- Corporate Shared Services
- 4 Divisions:
- North America [including: Canada], South America
- Asia/Pacific
- Eastern/Western Europe
- Africa
- Role of:
- Board of Directors
- Audit Committee
- Internal Audit
- Technology
- Financial
- Operational
- External Audit [Arthur Anderson]
- C-Level Suite [i.e. CEO, CFO, CIO, COO, etc.]
- Big 4 [EY, PwC, KPMG, D&T] Services Rendered:
- Audit Assurance
- Taxes
- Legal
- Actuarial Services
- Information Security
- Due to Enron / WorldCom Big 4 cannot cross-sell
- Corporate Fiduciary Responsibility
- Role of Compliance / Operational Risk
- Role of Audit
- Role of General Counsel [Legal]
- Todays Role of C-Level Suite
- Post Sarbanes-Oxley, CIO signs off on Annual Report
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