Enron The collapse of Enron Corporation an American energy‚ commodities and services based Company in Houston‚ Texas reinforces why unethical business practices are not the foundation for an enduring and sustainable enterprise. Good business practices is rewarding because it builds sustainable company‚ trust‚ integrity and organizational growth. In the article Enron ethics: Culture matters more than codes‚ reminded us that before the scandal‚ Enron appeared to have the best organization
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‘‘Sensitive parenting is the most important factor in a child’s psychological development.’ Discuss. The role of a parent as discussed by Oates‚ Lewis & Lamb is seen to be the primary source providing children with structure and experience. Behaviourists see the reward system laid down by parents as ‘shaping’ their children’s behaviour whilst social behaviourists see the imitation of behaviours by children as the basis of new behaviours being learned. Social constructivists see parents as
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Enron and How it Affected the Accounting Industry Enron once was one the United States largest energy company and was ranked Fortune’s seventh richest corporation in the United States. When Enron had a filed for Chapter 11 bankruptcy in 2001 it unraveled to be one the biggest accounting scandals in United States history. There are many factors that contributed to Enron’s demise but their aggressive and unethical accounting practices were the key component. As a result‚ the accounting industry
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collapse of Enron had substantial and far-reaching ramifications throughout the financial investment field‚ tax compliance professions and the accounting profession. Intense Congressional scrutiny resulted in a new era of transparency in financial reporting‚ stricter reporting standards as provided in Sarbanes-Oxley and substantial penalties for failure to comply with new financial reporting and tax compliance standards in the Internal Revenue Code (Bottiglieri et. al.‚ 2009) Enron Assignment
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The Enron Kaiwing Ho Ethics‚ Governance & Accountability BU.135.301.U2.FA12 Professor Crain November 21‚ 2012 Enron Since Enron Corporation has been bankrupt there were 20‚000 employees lost their jobs‚ medical insurance and average severance pay was only $4500. However‚ the top executives were paid bonuses totaling $55 million. In 2001‚ employees lost $1.2 billion in retirement funds and retirees lost $2 billion in pension funds. Yet‚ Enron’s top executives cashed in $116 million
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Sensitive Periods Define the term sensitive periods Sensitive periods are a period in a child’s life where they are obsessed with certain aspects of learning without any particular reason. This period is an optimum time for development and children can really develop specific abilities and skills. When children are in their sensitive periods and working with any activity‚ they will not show any signs of fatigue and will repeat the activity a number of times. These periods last for a certain
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the term sensitive periods and link them appropriately to the child’s first stage of development. Explain how you would support these sensitive periods during this first crucial stage. Dr. Maria Montessori‚ basing on her scientific child observation‚ concluded that children learn and adjust to their surroundings on their own and by the means of inner powers (Montessori‚ 1966) they possess at birth: the Absorbent Mind (Montessori‚ 2007a)‚ human tendencies (Montessori‚ 1966) and sensitive periods
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In this essay I will attempt to discuss the concept of ‘sensitive mothering’ as being vital to the social and emotional development of a child. In doing so I will discuss various developmental theories to a child’s development and discuss the concepts of ’attachment theory’ encompassing ’internal working model’ and ’quality attachment’ of John Bowlby. I shall also discuss the eight stages contemplated in Erikson’s psychosocial development and the impact attachment has on the social and emotional
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Enron: The Smartest Guys in the Room Importance of Accounting Accounting is important because it manages the checkbooks of company which are important to analyses and determine the success of the business by looking through the different account statements and translating the company documents. An accountant or accounting firm starts and maintains auditing of a company. Accounting is also important because it offers a great assistance in planning the future investments as well as being able
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The definition of a sensitive item is a piece of equipment or an item that is potentially harmful or hazardous or is of high monetary value and easily converted to unauthorized use or disposal. In the military it is extremely important to keep up meaning take charge of and know the location of the item at all times. Never should a sensitive item be left unsecured or unsupervised‚ or placed in the hands or someone not authorized to care for such sensitive items. A Sensitive item is an item such as
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