Accounting Fraud at Xerox Corporation: Ethical Considerations

Authors

  • Amy Butala Eastern Michigan University
  • Zafar U. Khan Eastern Michigan University

DOI:

https://doi.org/10.33423/jlae.v16i5.2657

Keywords:

Leadership, Accountability, Ethics, Xerox, Accounting Fraud, Ethical Issues, Code of Ethics, Professional Behavior

Abstract

Management at Xerox Corporation faced with strategic mistakes and tough economic environment resorted to creative accounting to meet financial targets and Wall Street expectations. This case presents a brief history of Xerox Corporation, followed by Xerox’s corporate culture in the 1980s & 90s, and the SEC investigation. The focus of the case is the actions of an assistant treasurer that top management used to guide Xerox through tough economic times and help make financial results appear more favorable. A teaching note is included. The case may also be used for exploring strategic issues or accounting issues and the mechanics of GAAP violations.

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Published

2019-12-30

How to Cite

Butala, A., & Khan, Z. U. (2019). Accounting Fraud at Xerox Corporation: Ethical Considerations. Journal of Leadership, Accountability and Ethics, 16(5). https://doi.org/10.33423/jlae.v16i5.2657

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Section

Articles