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Essays 151 - 180

Examination of Enron

for the scandal that ultimately occurred. "The contributions dwarfed what was at stake for Enron. In its energy trading in Calif...

WorldCom, Enron, and the Application of Business Failure Prediction Models

known as the going concern concept1. In looking at the viability of the business the potential creditors are seeking to ensure tha...

The Relationship Between Andersen and Enron

(CNN Money, 2002). Further, David B. Duncan, the lead partner who was in charge of the Enron account, was fired (CNN, 2002). 6. An...

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...

Dabhol, India Enron Project

the development of the local economy and create jobs (Vachani, 1995). If we look at the situation in India, there is a need for m...

Enron Corporation's Collapse

the Enron candidate bought Baileys campaign manager (How Enron Did Texas). Although Bailey did win, it was by an exceptionally na...

Tutorial on the Enron Scandal

sources will be cited using APA style. Chronology of the Enron Collapse Before analyzing what, exactly, caused Enrons coll...

Stock Market and the Influence of Technology

except that a certain financier over extended himself and caused several banks to fail that had extended him credit. This particul...

Aftermath of the Enron Fallout

own stock, upon which they are relying for retirement, in a pension fund. This has raised alarm bells, as other companies can also...

Overview of Special Purpose Entities

while the media is referring to what Enron officers did as "off-balance-sheet" partnerships -- "those hundreds of Enron entities t...

Effects of Acquisitions and Mergers on Workers

because they are in such demand, the owners are able to command a premium price. In an acquisition, the biggest problem both compa...

Case Study of the Enron Corporation

billions of dollars below expectations, the bottom fell out. The stock was dumped, and it lost value. The stock has lost 99 percen...

Creative Accounting Incentives and Maintenance

share price performance. There are also the wider culture issues that encourage this and place an onerous duty on those who may be...

Individual Character and Ethics

and do this? This provides an example of a moral individual who is placed in a slightly unmoral situation. In this regard,...

Deceptive Reporting and Methodologies for Financial Accounting

is precisely what Enron did (Thomas, 2002). Because of this, Enron, before everything collapsed, boosted valuation estimates, with...

WorldCom, Enron, and IAS

principles of accounting in the U.S. (Larson et al, 2001). Since that time, a number of authoritative bodies have been instituted ...

What Could Have Been Done to Save Enron

Enron, a publicly held company, was once a top provider of electricity but ended up in Chapter 11 bankruptcy ("Enron," 2002). Pr...

Ethics, Objectivity, and Values

business, but it has "confused some employees spiritually -- a side often overlooked by vitally important to an ethical workplace"...

An Analysis of One Market Under God by Thomas Frank

done to rein them in. Even many business people felt that capitalism had to be saved from itself because it was an economic system...

Enron and WorldCom Financial Statement Manipulation

processes (Chidi, 2002). Some of the accounting techniques used at WorldCom in order to supplement R&D write-offs included the use...

Failure of Internal Controls and The Impact on Stockholders

one responsible for approving purchase orders and adding new personnel to the payroll system, the opportunity for abuse is readily...

Today's Business and Business Ethics

its only when they get caught with their hands in the cookie jar, so to speak, that suddenly there is the desire to become better....

Enron and Ethics

point forward was the beginning of the end for Enron. Indeed, the history of Enrons empire is nothing if not prolific. The...

Enron and Ethics of the Media

see fit, in spite of how their selfish actions may cause harm or damage to others. Indeed, this is precisely the essence of socia...

The Aftermath of the Arthur Andersen Scandal

Chicago to suggest to Houstons firm partners that it was fine to shred documents and delete any e-mails related to the Enron case ...

Improper Accounting Practices

derivative, why its typically used and how its typically used. Following that, we can go in depth into both Enron and Worldcom, an...

Accounting at Enron

aside through Enron stocks. The question here is, could an Enron have been avoided? What would a financial consultant (one...

Enron Scandal and Ethics

some time; keeping them off Enrons balance sheet avoided the situation in which Enron would have to list the debt without any prof...

Enron Scandal Analysis

books. The charges against Lay are that "he knew his company was failing in 2001 when he sold millions of dollars in stock and ur...