1. The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. a) With Enron‚ the responsibility and blame started with Enron’s executives‚ Kenneth Lay‚ Jeffrey Skilling‚ and Andrew Fastow. Their goal was to make Enron into the world’s greatest company. To make this goal a reality‚ they created a company
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1. Adsteam Adonist@gmx.de‚ quigonjinn@hotmail.de was a very model of conglomerate(jujie). In the eyes of the outside‚ it was a successful company. But it’s not true. It’s far from other companies in its complex structure. Adsteam group comprised numerous less-than-majority-owned companies. It acquired major share-holdings in numerous companies throughout the 1980’s. The acquisition strategy resulted in an extremely complicated cross-shareholding-based structure. It was noting that the maximum amount
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What were the business risks enron faced‚ and how did those risks increase the likelihood of material misstatements in enron’s financial statement Enron faces most of the risk ordinarily faced by any energy company‚ including price instability and foreign currency risks. Enron operated in many different areas of the world with different regulatory and political risks. Enron faced business risks such as a complex business model‚ extensive use of derivatives and special purpose entities‚ aggressive
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1. The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. a. Kenneth Lay‚ Jeffrey Skilling‚ and Andrew Fastow. A common theme of the allegations leveled at the three executives was that they had created a corporate culture that fostered‚ if not encouraged‚ “rule breaking”. b. Andersen
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Synopsis Enron was believed to be the company to take over the world in the 1990’s. The company was growing at exponential rates that were unheard of at the time. It was ranked among the 7 top corporations in the world peaking at a net worth of $70 billion. The company’s overwhelming wealth and success gave birth to some overconfident and ultimately greedy people within the company. In the end‚ Enron fell due to falsification of financial records‚ reporting profits well in excess of the actual. “On
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taking and the pursuit of large financial rewards. Culture‚ from chapter 2‚ is rooted in the values‚ principles and traditions of the organization. Organizational values and principles dictate what is acceptable and unacceptable behavior. In the case of Lehman’s the disregard of accepted accounting principles and the push for lower costs and greater profits created a situation that would ultimately lead employees of the company to a potential unethical and/or illegal behavior. 3. What role did
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Epidemiological studies A. Descriptive studies 1.) Case Control Study Title: Determinants of Malaria Program Expenditures during Elimination: Case Study Evidence from Select Provinces in the Philippines. Even though eliminating malaria from the endemic margins is a part of the Global Malaria Action Plan‚ little guidance exists on what resources are needed to transition from controlling malaria to eliminating it. Using Philippines as an example‚ this study aimed to (1) estimate the financial
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Mary Thompson Executive Summary In order to further our understanding of the decisions of Mary Thompson involved in the case Mary Thompson‚ we conducted a study and selected detailed analysis to gain insights for her dilemma. Mary Thompson had had been conducting fieldwork in a Southeast Asian community for 18 months. Her house was ideally located on the edge of the village plaza‚ allowing her to readily observe daily activities that took place in the plaza. In addition to gatherings of women who
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Discourse Community and Language Choice: Study of language choice in a gay community in particular area in Malang. Hima Luluk Il Jannah English Language and Letters Department‚ Faculty of Humanities and Culture‚ Maulana Malik Ibrahim State Islamic University‚ Malang‚ Indonesia terumbukayu@gmail.com June 2013 Abstract Language choice in gay community that has many unique kind of language. Keyword Gay ‚ gay 1. Background of Study Nowadays‚ there are many varieties of community
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This paperwork comprises BSHS 462 Week 4 Individual Assignment Case 10 Evaluating the Consultation and Education Department Paper General Questions - General General Questions Resource: Case 10 of Ch. 10 of Management of Human Services Programs Write a 1‚050- to 1‚750-word paper which addresses the following in reference to the case study: Develop at least one process evaluation measure and at least one outcome evaluation measure that you suggest for the Consultation and Education
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