(2004) conducted a forensic review of HealthSouth (p. 44). Weld summarized that, according to the PricewaterhouseCoopers forensic study, HealthSouth and its CEO overstated their profits by $3.8 billion to $4.6 billion, while Ernst & Young LLP received 3.6 million dollars for the 2001 financial statement audit, which denied knowledge of the fraud and cited HealthSouth executives for systemic deception (pp.44-45). Weld quoted SEC Director Stephen Cutler as saying that "HealthSouth's standard operating procedure was to manipulate the company's earnings to create a false impression that the company was meeting Wall Street's expectations" (p 45). Weld et al. said the SEC accused HealthSouth of false profits of at least $1.4 billion since 1999 under Ernst & Young. HealthSouth committed external fraud against Medicare by billing for physical therapy services that the company never provided and submitting falsified documents to verify the claims (pp. 44-). 45). The book by Crumbley et al. (6 edition) mentions that the SEC said it began falsifying its numbers since 1986, which Ernst & Young failed to find over 17 years, with net income increasing by almost 500 percent, but revenues increased only 5 percent. , as well as HealthSouth inflated its cash balances (p. 4121). GLOBAL CROSSING (2002) Ahmad et al (2013) reported that the SEC accused Global Crossing of using “swap agreements” with other telecommunications operators to book or use. to increase revenue and inflate sales by inappropriately accounting for the full