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Business in a changing world, business and finance assignment help
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Each question has to be answered with 250 word count in apa format with scholarly citiations
Enron: Questionable Accounting Practices Bring New Regulation to the United States
Case Summary
- In a narrative format discuss the key facts and critical issues presented in the case.
- Why do you think companies such as Enron use complex accounting schemes and loopholes in regulation to seemingly boost the company’s revenue.
- Do you think that Sarbanes-Oxley Act of 2002 was the right reaction to the accounting scandals associated with Enron and Worldcom and in light of 2008-2009 accounting scandals, has it been effective in preventing accounting misconduct?
- If you were the CEO of a Fortune 500 company, how would you ensure that your accounting system is in compliance with regulations and best practices within the industry?
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