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Essay heading: Enron Scandal: Who Are Responsible for Enron?¦s Bankruptcy
 
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Issue: Business
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Date added: August 24, 2000
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No of pages / words: 3 / 711
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If a company has not made any profit for three years, it is an unusual situation and the auditors should have the ability to figure it out immediately and report it honestly on the balance sheet. Because of auditors?¦ negligence, society never noticed Enron?¦s financial problem and was finally astounded by Enron?¦s bankruptcy...
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Because of auditors?¦ negligence, society never noticed Enron?¦s financial problem and was finally astounded by Enron?¦s bankruptcy. Moreover, journalists also play an important role in Enron?¦s downfall. Journalists?¦ corruption and negligence incurred Enron?¦s bankruptcy. Before Enron went bankrupt, Beth McLean of Fortune Magazine wanted to write a story to report that she could not find out how Enron made money...
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