ENRON Corporation Term Paper
Enron Corporation: THE RISE AND FALL; ACCOUNTING SCANDAL
Submitted To: Professor Bill Bristol
Submitted By: Kenneth Rhodes, Jr.
Metropolitan College of New York (MCNY)
TABLE OF CONTENTS
I. ABSTRACT...............................................................................................................................2
II. purpose and service....................................................................................................3
III. HistorY............................................................................................................................3-5
IV. The Downfall..............................................................................................................5-6
V. Accounting Scandal................................................................................................6-7
VI. Accounting Practices...........................................................................................7-8
VII. Files’ for Bankruptcy.............................................................................................9
VIII. Auditing.....................................................................................................................9-10
IX. Conclusion: THE AFTERMATH..........................................................................10-11
XI. BIBLIOGRAPHY................................................................................................................12
I. ABSTRACT
Introduction: Enron Corporation
The Enron Corporation was an American energy, commodities, and Services Company, which had its headquarters in Houston, Texas. At the pinnacle of Enron, the company was one of the world’s largest electricity, natural gas, communications, and pulp and paper companies. The firm employed roughly 20,000 employees. In the year 2000, the business had claimed to have revenues of $101 Billion. The energy company was awarded
Submitted To: Professor Bill Bristol
Submitted By: Kenneth Rhodes, Jr.
Metropolitan College of New York (MCNY)
TABLE OF CONTENTS
I. ABSTRACT...............................................................................................................................2
II. purpose and service....................................................................................................3
III. HistorY............................................................................................................................3-5
IV. The Downfall..............................................................................................................5-6
V. Accounting Scandal................................................................................................6-7
VI. Accounting Practices...........................................................................................7-8
VII. Files’ for Bankruptcy.............................................................................................9
VIII. Auditing.....................................................................................................................9-10
IX. Conclusion: THE AFTERMATH..........................................................................10-11
XI. BIBLIOGRAPHY................................................................................................................12
I. ABSTRACT
Introduction: Enron Corporation
The Enron Corporation was an American energy, commodities, and Services Company, which had its headquarters in Houston, Texas. At the pinnacle of Enron, the company was one of the world’s largest electricity, natural gas, communications, and pulp and paper companies. The firm employed roughly 20,000 employees. In the year 2000, the business had claimed to have revenues of $101 Billion. The energy company was awarded
Bibliography: 1. Alles, M. G., Kogan, A, &Vasarhelyi, M. (July 2002). Would Continuous Auditing have prevented the Enron Mess? In G. M. Alles, A. Kogan, & M. Vasarhelyi (ed.) The CPA Journal, pp. 1-4. 2. Beck, F. D. &Lindberg, D. L. (July 2002). Before and After Enron: CPA’s Views on Auditor Independence. In F.D Beck & D. L. Lindberg (Ed.), The CPA Journal, (pp. 3-8). 3. Fox, L. (2003). Enron The Rise and fall. In L. Fox (Ed.). (Pp. vii-xiii, pp. 105). Hoboken, New Jersey: John Wiley & Sons, Inc. 4. Thomas, W. C. (April 2002). The Rise and Fall of Enron, when a company looks to good to be true, it usually is. In W. C. Thomas (Ed.), Journal of Accountancy, (pp. 3-8).