Enron Essay Topics

Business Law Enron/WorldCom

1. Introduction The goal of a large number of criminal acts is to obtain as much as profit for the individual or group that carries out the act. Just like bribery or robbery, accounting scandals that shock telecommunications industry within the past two years, also have similar intention that is to make money to benefit… View Article

Enron

Enron is the story of the largest bankruptcy in the history of the United States. Through a variety of accounting tricks relating to partnerships, the company was able to inflate its profit and lower its debt. Enron executives earned millions through these partnerships and by selling stock before its demise while employees lost pension plans… View Article

Enron and Corporate Ethics

On December 2, 2001, Enron Corporation, then the seventh largest publicly traded corporation in the United States, declared bankruptcy. That bankruptcy saw thousands of Enron employees and shareholders losing their jobs and their investments. Enron’s fall sent shockwaves to all corners of the business world. A Fortune 400 company with all the appearances of stability… View Article

Enron and Mississippi

The actions of John Law of the Mississippi scandal can be compared with those of Kenneth Lay of the Enron scandal on the grounds that both were in effect the CEO’s of the companies that chartered the defrauding of so many people. Both men seemed to have an extraordinary ability to make money and to… View Article

Enron’s Grandeur

How can Enron Corporation, one of the biggest companies in the world, suddenly collapsed with claims of bankruptcy after being named “America’s Most Innovative Company” for six consecutive years? What went wrong and who were responsible for its downfall? With Enron’s huge investment in all its 30 business offerings, products and services worldwide, what could… View Article

In Focus: The Enron Scandal

This corporation was identified by Fortune as America’s Most Innovative Company 1996 to 2001 (Lindstrom par. 1). It was garnered as the 7th largest company on the Fortune 500 list in the US in 2000 and it placed sixth in the largest energy company in the world in 2000 (“Enron Corporation” par. 6). Who does… View Article

Enron

Enron market capitalization exceeded $60 billion by the growth of 50% in a decade. But the company collapsed after the revelation of $1. 2 billion with the hidden debt. Enron grown in such a way by providing real value to its customers. But how the hidden debts are existed? Anyhow the Enron collapsed with innovative… View Article

Enron

Enron was a corporation founded in 1985, when a merger combined Houston Natural Gas and InterNorth (Thomas, 2002). Throughout the first five years of Enron’s existence, they had many struggles. According to Salter (2005), the first years had many “near death” experiences. Eventually Enron was able to prevail over their many “near death” experiences. In… View Article

Arthur Anderson Questionable Accounting Practices: Ethics And Advocacy

1. Discuss how the issues with the Arthur Anderson case may have played out differently if the Sarbanes-Oxley Act had been enacted in 1999. The provisions of Sarbanes-Oxley Act help minimize the likelihood of auditor failing to identify accounting irregularities by the following requirements: 1). Improving the internal control. Auditors comment on the internal control… View Article

Corporate Ethics Failure – A Critical Analysis

Arthur Andersen, in 1913 established a corporate entity that for decades provided a benchmark for auditing and consulting in the accounting industry. From the onset Mr. Andersen worked to build a foundation for his company representative of the principles of excellence in the technical and ethical aspects of his new company. His ethical model focused… View Article

Primer on the Sarbanes-Oxley Act 2002

In the beginning years of the new century a series of huge corporate frauds predominated the business sections and front pages of dominant newspapers, shaking public confidence in the integrity of corporate America. Those scandals also raise serious questions about the integrity, acuity and prudence of business leaders and accountants who structure and document business… View Article

Enron, the Smartest Guys in the Room

Enron was involved in American’s largest corporate bankruptcy. It is a story about people, and in reality it is a tragedy. Enron made their stock sky rocket through unethical means, and in reality this company kept losing money. The primary value operating among the traders was greed, money, and how to make profits under any… View Article

Enron And The Decision Making Factor

Introduction – Students, analysts and critics of modern business practice will always consider the colossal Enron collapse as an important text book case about how a lot of different things inside the company can trigger a nearly overnight downfall of a once prestigious company. If there was any Cinderella story in the world of blue… View Article

Internal Accountant’s Report to Management

Introduction Since our company is preparing for an upcoming government contract bid, management has decided that a full Financial Status Review (FSR) prior to the release of the bid is essential. This report is to provide supporting information prior to the bid in order to evaluate if any irregularities with regard to fraud and/or abuse… View Article

Enron Accounting Fault

Enron is frequently given as an example of creative accounting. It is also given as a good example of accounting fraud and insider trading. This is a good example of creative accounting taken too far – not many would disagree that it was accounting fraud, although some would say they were just unlucky to get… View Article

Sarbanes Oxley Act Effect on Internnal Control

19. How has the Sarbanes-Oxley Act affected internal controls? The Sarbanes-Oxley Act was created because of the losses that stockholders experienced due to financial fraud. Because of SOX, internal control of public companies’ management increased. It established provisions that companies should fulfill pertaining to their management and recording of transactions. More thorough and stricter guidelines… View Article

Enron and Worldcom Scandals

1. Which segment of its operations got Enron into difficulties? The guaranteed loans that were intended to bridge the financing for investments from outside investors that could not be found would be the segment of operations that caused Enron difficulties. 2. Did Enron’s directors understand how profits were being made in this segment? Why or… View Article

Ethics and Compliance Paper

Starting in Seattle with one store, Starbucks has grown across the country and has become a household name delivering one of the best tasting coffees in existence. The first Starbucks opened in 1971, serving fresh roasted coffees. “Today, more than 15,000 stores in 50 countries, Starbucks are the premier roaster and retailer of specialty coffee… View Article

Enron

The Smartest Guys in the Room is the story of one of history’s greatest business scandals, in which top executives of America’s seventh largest company walked away with over one billion dollars while investors and employees lost everything. Based on the best-selling book The Smartest Guys in the Room by Fortune reporters Bethany McLean and… View Article

Bernie Madoff

The things I will be talking about are the ways they examined the financial events surrounding Bernie Maddoff, and the events surrounding Enron. Also they way that Enron dealt with the consequences and implications for the lack of code of ethics. The financial events that were surrounding Bernie Maddoff where that “ the financial world… View Article

Analysis of Hp Financial Statement

Kenneth Lay formed Enron in 1985, when InterNorth acquired Houston Natural Gas. It was once the seventh largest company the United States of America. Enron branched into many non-energy-related fields over the next several years, including such areas as Internet bandwidth, risk management, and weather derivatives (a type of weather insurance for seasonal businesses). Although… View Article

Ethical Observations

Unethical accounting behavior and the resulting practices of it within businesses today is a very hot topic since the Enron accounting scandal of 2001. One might ask how does a scandal of this proportion come to be and can it happen again? What situations could lead to unethical behaviors and practices in accounting today that… View Article

Ethics in Our Everyday Lives

This paper will discuss how ethics relate in our everyday lives and more specifically how ethics are used in our workplace also how ethics are used by companies. This paper will also cover how businesses have implemented ethical procedures, standards and how these businesses flourished because of the effective use of ethical standards. “I consider… View Article

Unethical Behavior of Financial Accounting

Accounting can be best described as a type of tool or language put in place in order to provide appropriate information with regards to the financial position of an organization, corporate or business. With this kind of information, it will always be critical to investors as it provides them with relevant and thorough information that… View Article

Corporate Governance Mechanism

Executive Summary This paper will reviews the extent to which corporate governance acts as efficient tool to protect investors against corporate fraud, thus contributing to summarize the literatures on role of corporate governance on preventing occurrence of corporate fraud. In a more recent study, corporate fraud is part of earnings manipulation done outside the law… View Article

Key Stakeholders

Question 1: Who were the key stakeholders involved in, or affected by, the collapse of Enron? How and to what degree were they hurt or helped by the actions of Enron management? Answer: Enron’s board was made up of 17 members. Out of 17, 15 were outsiders and only 2 were insiders. These two key… View Article

Decision Making and Enron’s Control

Introduction – Students, analysts and critics of modern business practice will always consider the colossal Enron collapse as an important text book case about how a lot of different things inside the company can trigger a nearly overnight downfall of a once prestigious company. If there was any Cinderella story in the world of blue… View Article

An analysis on the sudden decline of Enron in 2001

Enron was company that was formed to the Northern Natural Gas Company which traces its existence to the early 1932 in Nebraska. The company was reorganized back in 1979 and formed as the leading subsidiary company of Internorth. In 1985 the company acquired the smaller Houston Natural Gas and in the process it formed its… View Article

Enron Corporation

Enron Corporation began as a small natural gas distributor and, over the course of 15 years, grew to become the seventh largest company in the United States. Soon after the federal deregulation of natural gas pipelines in 1985, Enron was born by the merging of Houston Natural Gas and InterNorth, a Nebraska pipeline company. Initially,… View Article

Reporting Practices and Ethics

Introduction Reporting practices and ethical standards are the most important building blocks that are needed to build a successful health care organization or any business. These reporting practices and ethical standards prove to be the upmost important practices in any health care organization. When reviewing all the variables and factors, one considers the principals listed… View Article