Ethics

Essay specific features

 

Issue:

Social Issues

 

Written by:

Shannon S

 

Date added:

October 31, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 577

 

Was viewed:

7593 times

 

Rating of current essay:

 
Essay content:

He feels that one of the reasons what went on at Enron was because of our legal and regulatory structure. He states that current laws and SEC regulations allows firms to provide consulting services to a company and then turn around and provide this information that contains all the financial results...
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Obvious this is a conflict of interest that is built around our legal system. Another issue is that when Enron hires auditors they also pay them. This is also a conflict of interest because it gives the auditors a reason not to question an unpleasant report on the company because the company is paying them...
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