The Enron Scandal

Table of Contents TitlePage 1. Introduction2 2. History3 a. Formation3 b. trading operations3 c. The Success4 d. All that glitters is not gold4 e. The tosh4 3. Products5 4. Enron poopization The Company Fraud8 f. What Happed?8 5. Techniques used in the Company Fraud9 g. Revenue Recognition9 h. Mark-to-market accounting9 i. Special Purpose Entities10 j. executive director Compensation11 k. Risk Management11 l. Financial scrutinize12 m. Audit Committee12 n. Other Accounting Procedures13 6. Bankruptcy14 o. Change in Stock Price14 7. Post-Bankruptcy15 ENRON SCANDAL Introduction The Enron scandal is the name given to pecuniary scandal Enron Corporation, an American energy company was involved in. the scandal eventually led the company to loser and the dissolution of Arthur Andersen, which was unmatchable of the five largest audit and accountancy partnerships in the world.

This was the largest bankruptcy reorganization in American history at that time in 2001 and Enron was also accredited as the biggest audit failure. Enron Corporation was an American energy, commodities, and Services Company based in Houston, Texas. Before its bankruptcy on December 2001, Enron was one of the worlds leading electricity, instinctive gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron Americas Most Innovative Company for hexad consecutive years. At the end of 2001, it was revealed that its reported pecuniary condition was sustained substantially by institutionalized, systematic, and creatively mean accounting fraud, known as the Enron scandal. Enron has since become notable for wilful corporate fraud and corruption. The scandal led... If you want to sterilize a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .