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Enron's Failure and its Reasons

accounting system it may be argued that a collapse in the style of Enron is much more unlikely due to very different accounting en...

Could the UK Realize a Similar Enron Disaster?

problems were already apparent. In the annual accounts, debts had been understated and profits had been overstated to the amount o...

Americans of the Nineteenth Century and Western Conquest

Her life journey coupled her with a man who became her husband and took her with him on his expedition to Chihuahua, Mexico. What...

Career Opportunities in Accounting and Auditing

and tax senior (AICPA (b), 2002). Corporate accounting, in the meantime, includes management accounting, financial accounting and ...

Corporate Spying and Accounting Issues

This paper will discuss what corporate spying is, how it is conducted, and how accounting departments can be targets of corporate ...

Offshore Pension Plan Investment

The Dow nearly crossed into 3,000 territory long enough to close there on several occasions prior to the Gulf War in 1991 and fina...

Forecasting Sales Using Regression Analysis

The company must identify factors that have the ability to have a significant impact on monthly sales of Treat. Some of those...

Accounting Techniques Used inWorldCom's Acquisitions and Mergers

international services as part of WorldCom Inc which operates over countless seamless networks. In regards to revenues and traffic...

UK Accounting Standards on Short and Long Term Cable and Wireless

top 41.89 from 43.73%. The return on assets fell from 16.6% to 12.12%. Return on equity also showed a fall, from 44.15% to 18.79%....

Early American History and Free African Americans

my opinion, yet I consider our condition but little better than that....After all, methinks there are no chains so galling as thos...

Questions Pertaining to Accounting

to ?68,599 in 19X7. This is an increase of ?53,537, or 76% (calculated by taking 53,537 which is the increase between 19X7...

Cost Structure and the Airline Industry

In this way the more operating leverage an airline has, the greater its business risk will be. Despite the fact that many analyst...

An Accounting Case Study

less that a total years interest., Therefore we have used the payment due in July as the payment of bank interest that is stated u...

How Contemporaries Depicted Hernan Cortes and Christopher Columbus

The first impression that we get is that Cortes is a determined and logical man. He attempts this journey, and has to overcome...

Special Purpose Entities and Accounting at Enron

This approach was legal and acceptable under FASB rules at the time. The Enron-specific problem arose when Enron did not consolid...

Appropariate Guidance and Standards for the Consolidation of Special Purpose Entities and FASB

does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...

Freire's 'Banking Concept of Education' Analyzed

a bank customer "fills" his or her bank "container" or account with money. Much like bank accounts, students are able to receive, ...

SMEs and AIS' Impact

it seems that the climate for small businesses is better than ever. With the advent of the Internet, small and medium sized compan...

Incidents in the Life of a Slave Girl by Harriet Jacobs

as her Gran, her brother and several aunt and uncles (Perez-Stable 24). When the Old Mistress in the house dies, Jacobs comes unde...

Johnson and Kaplan's Relevance Lost The Rise and Fall of Management Accounting Reviewed

basis for understanding management accounting and its role within the global industrial community. Background and Review In this...

Debate on the Necessity of IAS

however, is based more on general principles, which force auditors to comply with the spirit of the law, rather than the letter of...

Accounting Dichotomies

date by the time they are read. Therefore, there is an importance that these need to be understood and be set by standards. Howe...

Projections of Cost and Breaking Even Accounting Case Study

indicated not only did the parents love them, that the toy shop owners also loved them, thinking they would be a hit. Kirk worke...

Analysis of Corporate Annual Account Finances

This figure is ?52.5, giving an operating profit margin of 3.45% This is taken to two significant figures. If we look at the figur...

Comparing Nike to Manchester United

what the actual value of the company is and deduct the physical asset. This can then be considered in terms of the actual amount, ...

Corporate Systems of Budgetary Control

to a corporation, it would first be helpful to define what, precisely is involved in budgetary control systems. First of all, a bu...

Accounting Perspectives and Issues

first developed to be a heart drug, the well known use today, to help with sexual problems was merely a side effect, and had a str...

A Civil War Personal Account

of Benjamin Franklin Ferris, 2002). In August of 1861 Ferris signed up to join Captain H. Cook who was recruiting soldiers to go ...

Harmonization and IAS

of international standards. It is only if there are international standards that international stakeholders may be able to see acc...

Financial Performance of Saks Inc.

will be some very poor results. Sales have reduced from $6.6 billion to $6.1 billion, and with costs of $6 billion with the need f...