美国公司财务丑闻词汇集

　　accounting scandal 财务丑闻

　　WorldCom Inc., the US long-distance telephone and data services company embroiled⁴ in a .85 billion accounting scandal.

　　file for bankruptcy protection 申请破产保护

　　WorldCom Inc. will file for Chapter 11 bankruptcy protection Sunday, the embattled telecommunications company's chief executive John Sidgmore said.

　　core / non-core assets 核心/非核心资产

　　Worldcom will look at selling some of its non-core assets.

　　corporate abuse/crime/cheat/fraud/wrongdoing/misconduct 公司犯罪

　　The US House of Representatives took a Senate measure to double corporate crime penalties.

　　accounting fraud 假帐

　　WorldCom Inc may have taken a giant leap toward bankruptcy in disclosing what appears to be one of the largest cases of accounting fraud ever - nearly .8 billion in disguised expenses.

　　deceptive⁵ accounting 虚假帐务

　　The telecommunications giant Worldcom disclosed nearly billion in deceptive accounting.

　　inflate⁶ profits 虚报盈利

　　WorldCom admitted June 25 that it falsely accounted for .85 billion in expenses, which had the effect of inflating⁷ profits.

　　earning report 业绩报表

　　Xerox⁸ Corp reported a first-quarter net loss of million, or six cents a share, in a revised earnings⁹ report that reflects the effect of stiff global competition and a weak economy.

　　financial irregularities /improprieties 金融违规行为

　　A week after WorldCom revealed one of the largest accounting scandals in history, CEO John Sidgmore went to Washington to apologize and to pledge that financial irregularities are in the company's past.

　　Securities and Exchange Commission证券交易委员会

　　financial reorganization 金融重组

　　Worldcom expects to decide whether to pursue bankruptcy or some other financial reorganization.

　　debtor-in-possession (DIP) 债务人持有资产

　　WorldCom moved to finalize¹⁰ a debtor-in-possession funding pact¹¹ that would give it money to operate under possible bankruptcy reorganization.

　　debt-for-equity swap¹² 债权转股权

　　Several bondholders also contacted the company regarding a debt-for-equity swap.

　　obstruction¹³ of justice 阻碍司法

　　President Bush is proposing to strengthen laws that criminalize document shredding¹⁴ and other forms of obstruction of justice.

　　behind the bars 关进监狱

　　The plan would raise to 20 years the time behind bars for wire and mail fraud.

　　investor¹⁵ confidence 投资信心

　　House and Senate negotiators on Friday began crafting compromise legislation aimed at fighting business fraud and promised swift action to stem the erosion of investor confidence.

　　financial statement 财务报表

　　Andersen said its work for WorldCom was in compliance¹⁶ with accounting standards and it told WorldCom that the company's 2001 financial statement "should be relied upon."

　　pretax/after-tax income 税前/税后收入

　　On Friday, Xerox said it had overstated its pretax income by 36 per cent, or .41 billion, during the past five years and its first-quarter earnings included US5 million in charges on an after-tax basis.

　　listed company / delisted company 上市公司/被摘牌的公司

　　The NASDAQ Stock Market plans to delist the shares of WorldCom for not meeting the listing requirements