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Essay / Research Paper Abstract
This 17-page paper focuses on accounting methods at Enron, and how things could have been handled somewhat differently. This is written in the style of an "advice" report, similar to something a financial consultant might offer a company. Bibliography lists 10 sources.
Page Count:
17 pages (~225 words per page)
File: D0_MTenacct.rtf
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Unformatted sample text from the term paper:
their use Dishonesty and Arthur Andersen Dishonesty in communicating with employees Identification of Alternative Solutions Honesty as the best
policy Changing the 401K Retirement Plans Stronger board of directors
Adherence to a code of ethics First Client Meeting Presentation of information about SPEs and stronger transparency in reporting accounting procedures
Discussion and Discovery Second Client Meeting Analysis Final Reflections Introduction This paper will feature a
combination of direct fact and supposition. The topic is to determine and describe Enrons accounting practices, within the realm of specific instructions on setting up a paper. Many of the
facts we can obtain from literature written about the energy giant, which made news because its management used accounting practices that hid the loss of billions of dollars. The company
eventually ended up in bankruptcy court, its stock was worthless, with thousands upon thousands of employees not only without jobs, but without pension plans and "nest eggs" they had set
aside through Enron stocks. The question here is, could an Enron have been avoided? What would a financial consultant (one who wasnt
corrupt, like Enrons Arthur Andersen was) have told Enron in this situation? This is where we go into the "hypothetical" situation. In
this paper, well lay out the background of what happened to Enron (with special emphasis on the accounting practices that brought the energy company down). Then well determine some ways
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