Discusses the Enron crisis and how the auditing firm, Arthur Andersen, aided Enron in concealing information about its negative debt position.
# 33799 | 900 words | 3 sources | 2002 |
Published on Nov 09, 2003 in Business (Accounting) , Business (Companies) , Business (Management) , Accounting (General)
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This paper discusses the rise and fall of nation's seventh largest company, Enron International. Enron announced bankruptcy last year and this unveiled one of the worst stories of deception, greed and fraud in the history of Corporate America. The largest energy trader of the United States managed to keep its negative debt position off the books with the help of its auditing firm, Arthur Andersen.
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Enron Crisis (2003, November 09) Retrieved January 25, 2020, from https://www.academon.com/case-study/enron-crisis-33799/
"Enron Crisis" 09 November 2003. Web. 25 January. 2020. <https://www.academon.com/case-study/enron-crisis-33799/>