ordance with accepted accounting principles. WorldCom said that an internal audit showed these transfers amount to 3.055 billion in 2001 and 797 million in the first quarter of 2002. The restatement of these transfers would amount to a loss of earning in excess of 6.339 billion in 2001 and 1.368 billion in the first quarter of 2002. These accounting practices were carried out by non other than Anderson, made famous by the same type of accounting in the Enron suits. Anderson claimed in a statement that "Our work for WorldCom complied with SEC and professional standard at all times. It is of great concern that important informati
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