398 Search Results for Enron Fraud
…[…… parts of this paper are missing, click here to view the entire document ]……IMPORTANT: We are only showing you a small preview of the full completed paper. The file you download will contain the full (254)-pag Continue Reading...
Dodd-Frank and Sarbanes-Oxley Acts are important legislations in the corporate world because of their link to public and privately held companies. Sarbanes-Oxley Act was enacted to enhance transparency and accountability in publicly traded companies. Continue Reading...
Sarbanes-Oxley Act of 2002 was passed largely in response to the scandal that erupted at Enron. As Coalson (2008) notes, “supporters of the Act hoped it would usher in a new era in corporate governance and restore investor confidence in publicl Continue Reading...
ACME QA Review
The author of this report has been asked to submit a nine-page report on the quality assurance situation at Acme Corporation. While the business is doing some things right, there are some obviously flaws that will be identified and br Continue Reading...
Olympus Scandal
The Olympus corporate governance and accounting scandal is and should be considered one of the largest business scandals in the history of business and the modern world. It is right up there with Enron (and in some ways worse) than t Continue Reading...
Accounting Ethics
Ethics of Accounting
There have been breaches in the ethics of accounting in recent times. With that in mind, evaluate whether or not the current trend in the regulation of business establishments is favorable to ethical behavior. Continue Reading...
At NIB (National Irish Bank), the unethical behavior of employees according to Knights and O'Leary (2005) was at no time suppressed. Leaders in this case according to the authors were largely concerned with profit maximization. This is a clear indi Continue Reading...
Accountability
When do we hold the accountants accountable?
In the wake of accounting scandals at Enron and WorldCom, the question arose: how to hold accountants accountable, when it is they who are supposed to be the objective determinants of a fi Continue Reading...
Professional Report
What Supervision is and Why it is Important?
Supervision is when one or a group of people are placed in charge of a team / organization. The basic idea is to have someone who is knowledgeable enough to work with the different em Continue Reading...
This is troubling because these entities are using the court system to circumvent the law. At which point, it is only a matter of time until another showdown will emerge. This is similar to the disastrous decision that Supreme Court made with the Dr Continue Reading...
The actions by O'Neal and Prince are clearly more than just poor decision making. They represent irresponsible and unethical behavior. Years after the Enron diabolical, boards of certain financial institutions seem to lack transparency into the dec Continue Reading...
white-collar crime. Specifically, it will focus on white-collar crime in America, including reasons why it occurs so frequently in the United States, and what business, industry, and the courts can do to combat it. White-collar crime is not a new id Continue Reading...
Sarbanes-Oxley Act
The Impact Upon the Accounting Profession
What it does
The Effect of Sarbanes-Oxley on the Accounting Profession
New Rules, New Practices
The past few years have remarkably changed the face of American business. Corporate scan Continue Reading...
Business of Ethics
The Importance of Ethics in the Global Marketplace
At no time in history has the expression, "It's a small world" been more true than it is today. Television, telephone, the Internet, and high-speed air travel have brought the p Continue Reading...
1. If jail time is off the table for executives, that would be an odd choice. Sarbanes Oxley creates disincentives for esecutives to commit fraud, such as in Enron. The point of SOX was really to add extra regulatory teeth, added punishments for exec Continue Reading...
Profession of Auditing
Evaluation of the Profession:
The profession of accounting has undergone vast changes over the years, and the traditional accountant concerned himself or herself only with recording the financial transactions of individuals, Continue Reading...
Discussion and Responses1aI think the most relevant area in a Code of Ethics today is that regarding respect for persons and not engaging in harassment. Since the #MeToo Movement began, a lot of focus has been on making sure people are not abusing th Continue Reading...
1 Identify and discuss some of the principal elements of E. H. Sutherland's contribution to the study of White Collar Crime and some of the limitations regarding his work.
Sutherland defined white collar crime as “crimes committed by a pers Continue Reading...
ethical issues for business organizations in the twenty-first century. The forces of globalization have increased the degree to which diverse groups in society have grown dependent on one another. Hence, their expectations influence the freedoms and Continue Reading...
Risk Management Events
In reflection of the Exxon Valdez spill, the National Transportation Safety Board and the Coast Guard would both take a direct interest in improvement regulatory considerations relating to the alertness and suitability of an o Continue Reading...
2009).
Engle (2009) also notes that the costs of compliance in both monetary and human terms are greatly reduced by a willingness to embrace the regulation as a tool rather than shunning it as a "necessary evil." Though stating the obvious, he says Continue Reading...
Nevertheless such mandatory disclosures presume that people can and will cognitively appraise such disclosures as against to higher noise trading. In the light of realities of emotional regulating, the SEC in general and its compulsory disclosure re Continue Reading...
Sutherland was quite critical of why some crimes were defined as deviant, while society appears more tolerant of other transgressions. For example, individual theft is seen as causing great harm, while the harm caused by illegal pollution and the d Continue Reading...
Having a code of conduct that is actively implemented must seem like the most visible way to regain that trust and reinstall a semblance of corporate ethical behavior. However, in the true spirit of inquiry, we should evaluate whether or not the gra Continue Reading...
Organizational Behavior Trends
Increasingly two major factors are influencing corporate decisions makers. The first is a reenergized campaign for corporate ethics. The second is technology and work-related stress. This paper describes why these tren Continue Reading...
Abstract
Cybercrime, data breaches, and fraud represent evils that significantly threaten businesses. Companies have, in the past, lost much to these crimes and, hence, must come up with plans to prevent such future occurrences. In this paper, the pr Continue Reading...
Secondary Market
What issues does the secondary market face when it comes to IPOs?
The Economic Times (TET) in India explains that when a company issues securities to the public for the initial time, it is offered in the primary market. However, on Continue Reading...
Forensic accounting is a special subsection of accounting that goes beyond the typical job description of an accountant. Forensic accountants use their work in courtroom and other legal settings to help. Their primary roles are litigation support and Continue Reading...
However, financial reporting as a system has its limits. It cannot stabilize the world economy, save the environment and help investors understand the financial condition of a company all at once. On a theoretical level, the people guiding the devel Continue Reading...
Corporate Personality
Separate Corporate Personality
Explain the meaning of and the rationale for the principle of separate corporation personality.
Personality in this case does not have anything to do with an actual person, but that personhood i Continue Reading...
Decision making and modern institutional change (Chandler, 1973), "The replacement of small personal enterprises by large managerial ones in many industries radically altered the nature of the decision-making unit, and the types of decisions made wi Continue Reading...
With software and technological oversight, many of the errors experienced by Insight Enterprises could have been avoided. Furthermore, the duration that these errors occurred suggests that proper oversight of accounting was not in the company. With Continue Reading...
This is important, because it shows how there is the potential for both harmonization and division. Yet, once you look at what is taking place around the world, it is obvious that a common set of ideas are being readily accepted in different countri Continue Reading...
In rare cases, white collar crime does lead to death. For example, a company that covers up flaws in its research design and hurries a pharmaceutical product to market knowingly endangers lives. Automobile and toy manufacturers, food producers, bioc Continue Reading...
Literature on the Sarbanes-Oxley Act of 2002
The field of specialized literary reviews on the Sarbanes-Oxley Act is a widely spread one presenting numerous issues form various standpoints. Reviewers' opinions vary based on their position towards th Continue Reading...
Dieselgate Case AnalysisWhat?The situation presented in the case study by Schuetz (2016) focuses on VW Group and the emissions scandal that occurred in 2015 just when the company was about to reach a significant milestone in its long-term development Continue Reading...
Rise and Fall of Nortel
Factors Contributing to the Nortel's Rise and Fall
Nortel Corporation was one of the of largest communication companies in Canada before filing for bankruptcy in 2009. By September 2000, Nortel reached its peak and recorded Continue Reading...
e. Nutra Sweet). At the same time, they also had a number of failures, like when they company replaced the original formula for their soft drink with a new one. This led to a massive revolt among consumers, who did not want this product. Instead, the Continue Reading...
However, because of the costliness of this requirement, many believe it is especially unfair to small businesses who are already struggling to be competitive in an increasingly hypercompetitive, globalized economy.
As such, small, public companies Continue Reading...