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Essay / Research Paper Abstract
This tutorial essay examines many facets of the Enron scandal, including why it happened, what Congressional testimony revealed, and how financial and accounting practices are likely to change in the wake of the energy company's demise. Bibliography lists 6 sources.
Page Count:
10 pages (~225 words per page)
File: D0_MTenron2.rtf
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Unformatted sample text from the term paper:
Texas-based company that collapsed in the wake of dishonest dealings and dishonest accounting practices. In composing this paper, the essay will include research from cited sources and tips for the
student in preparing his or her paper. In beginning a paper of this type, its imperative that the student offer a thesis
statement. In this case, it could involve something like the collapse of Enron was caused by a variety of factors, including dubious accounting practices on the part of both Enron
and Arthur Andersen, its accounting firm, the inability and unwillingness of investors and analysts to confront the company with these practices, and the desire of Enrons executives to hide the
truth of the shape of the company, not only from its employees, but from its shareholders and investors as well. The combination of these three things, therefore, led to the
collapse of a former energy giant. The fallout from the collapse is still being determined, but enough has been written to provide the student with plenty of information as to
what caused it, and what changes will be implemented as a result. Before proceeding with the paper, the student should know that
sources will be cited using APA style. Chronology of the Enron Collapse Before analyzing what, exactly, caused Enrons collapse, it is helpful
to briefly touch upon Enrons history, how it became such a large company, and when things began to go bad for the company.
When Enron entered the scene in the mid-1980s, it was little more than a stodgy energy distribution system. Ten years later, it was a multi-billion dollar corporation, considered the
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