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Essay

Enron and its Shortcomings

Essay specific features

 

Issue:

Business

 

Written by:

Irina L

 

Date added:

April 13, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 873

 

Was viewed:

5223 times

 

Rating of current essay:

 
Essay content:

Some of these things that he, and Enron, were able to take advantage of were the setups of special purpose entities. They would setup these special purpose entities and have either their friends or employees to invest in these special purpose entities so that Enron my say that their debts and liabilities are actually under the special purpose entities and not of Enron...
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This made it look like Enron didn't have as much debt as it should have had. A second practice in the accounting methods that were not ethical was their manipulation of their revenue. What they did was to make either their earnings more or inflating their stock. They would make sure that any potential deals that could make money in the future they wrote down in the books in the present, which is not a good accounting practice...
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General issues of this essay:
enron Enron - Ask Why? Enron Scandal: Who Are Responsible for Enron?¦s Bankruptcy Enron and its Shortcomings Enron Enron Enron Enron Enron Enron Enron Enron Enron Enron Enron
 

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