King Arthur and the Knights of the Round Table: An Epic Hero for Modern Times In about 1470‚ Thomas Malory finished Morte d’ Arthur‚ the first of the many legends written about King Arthur. Even in modern times‚ King Arthur and the Knights of the Round Table are a favorite subject in movies‚ books‚ and plays. Often times this is so because the Medieval Period in general‚ and King Arthur in particular‚ have an air of mystery‚ romance‚ fantasy‚ and adventure that are popular themes in all times
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Unethical Practices of Arthur Andersen - Week 2 - CheckPoint: 1. What did Arthur Andersen contribute to the Enron Disaster? Arthur Andersen contributed a lot to the Enron Disaster. Arthur Andersen approved the structure of man Special Purpose Entities (SPE) that were used to generate false profits‚ hide losses‚ and to keep financing off Enron’s consolidated financial statements. Also‚ AA failed to abide by the Generally Accepted Accounting Principle (GAAP). In addition‚ AA did not
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actions led to non-existent company profits; ultimately misleading investors to become shareholders of what they thought were “good companies”. Arthur Andersen LLP was one of the “Big Five” accounting firms before having to surrender its licenses to practice as Certified Public Accountants in 2002; due to an accumulation of criminal charges (CNN Money). Arthur Andersen was in charge for the accounting records of several companies including Enron‚ WorldCom‚ and Waste Management. By early 2002‚ they had
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our dearest king‚ King Arthur. The world the past few days has seem like a whole new experience without him around. I have noticed less smiles on people’s faces‚ the rainy days have seemed longer‚ and the sun seems to shine less bright. Our beloved king was a kind sir who cared about each and every one of you. Where ever his soul may be now‚ we should acknowledge that he’s in a better place because we know he’s released from all the pain he had suffered from. King Arthur as a young child had a
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and 4 1. Arthur Anderson’s audit partners’ sole concern was how much revenue could be generated‚ so the employees of Arthur Anderson paid little mind to the quality of the audits they did as long as they were making money. They turned their heads when generally accepted accounting principles were not being followed and hid the fact that Enron’s policies and internal controls were not good enough to protect its shareholders. 3. The prime motivation behind the decisions of Arthur Andersen’s
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King Arthur Essay Legends usually have some basis truth. The truth can be hard to discover after years of oral history and exaggeration. The legend of King Arthur focuses on a medieval king in shining armor. While some of the legend is pure fantasy‚ written and archaeological evidence exists that the legend was based on a 5th century warlord who fought against the Anglo-Saxon invasion. The legend of King Arthur started in the 12th century by a cleric named Geoffrey of Monmouth. The story begins
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Arthur Andersen The name Arthur Andersen is a very well known name among households in the world today. At one time‚ the reputation of Arthur Andersen was very positive. However‚ the risky and unethical decisions that were made over the ending years by top management‚ gave Arthur Andersen a famous name with not such a positive reputation. Arthur Andersen became involved in many scandals with the largest being that of Enron Incorporated. Poor decision making by upper management and issues with
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1. For nearly 90 years‚ Andersen had a culture of doing the right thing. Moral courage defined the organization. However‚ there was a gradual erosion of the culture. Name three cultural changes that contributed to Andersen’s problems and defend your position. The first cultural change was that Andersen embarked on a path that valued consulting service which charged hefty fees ahead of auditing in 1990s. Compared to its original major service‚ auditing that required accountants to insist independence
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King Arthur‚ legendary British leader of the late 5th and early 6th centuries‚ who‚ according to medieval histories‚ led the defense of Britain against Saxon invaders in the early 6th century‚ Myth or not Historically and through time he has managed to have an incredible impact on Britain and Europe in general and is often considered to be a mythical person that may have not existed and‚ he managed to have an incredible impact on British history making many accomplishments‚ or he could just be
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ARTHUR ANDERSEN LLP CASE STUDY DUE: Sunday‚ May 12‚ 11:59pm 1. Discuss the environment‚ strategic‚ and organizational changes that occurred over the life of Andersen in the context of figure 11.1. 2. Evaluate Andersen’s claim that their problems on the Enron audit were due to a few “bad partners” in the organization. If you disagree with this claim‚ discuss what you think were the root causes of the problem. 3. Suppose you were Andersen’s managing partner in the early 1990s. Would
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