intends to go and how they will create revenues over the next few years. Once the business plan is prepared the type of business must be established, this is done by choosing whether it will be a sole proprietorship, limited liability company, partnership, etc. and registering it with the appropriate entities. Obtaining a federal tax identification number is also necessary in order to file the appropriate tax returns, open bank accounts, and eventually pay employees. Finally, a location can be
Words: 486 - Pages: 2
Enron Corp.: Credit Sensitive Notes Solution Posted on January 28, 2013 by admin — No Comments ↓ This case investigates an innovative bond issue by Enron. The coupon on the bond is indexed to the company’s credit rating, making it a credit derivative structure.« Hide by Sanjiv Das, Stephen Lynagh Source: Harvard Business School 16 pages. Publication date: Feb 28, 1997. Prod. #: 297099-PDF-ENG Case Study 2 – Enron and Arthur Andersen Enron Corporation Case Study 2 – Enron and Arthur Andersen
Words: 5788 - Pages: 24
Limited Liability Corporation and Partnership Paper K. Smith FIN/419 June 2, 2014 The thought of running your own business can be very overwhelming. There are many things to be considered when starting a business. It involves writing a business plan, choosing a location, knowing whether to get a loan or start the business with another individuals. Knowing whether or not you will start the business as an individual or with a partner will help with the next question. How will you structure
Words: 832 - Pages: 4
Executive Memo to the Board To: Board of Directors From: UoPx CPA Auditors Subject: GAAP Requirements and Accounting Treatment for Share-Based Payment Reporting and Consolidation of Special Purpose Entity Week 6 Points to consider Memo on SPE and Share-based payments Evaluate Share-based payment reporting JJH->Share-based employee compensation awards are classified as either equity instruments or liability instruments. The measurement date for estimating the fair value
Words: 1838 - Pages: 8
Assessment Cover Sheet PROGRAMME: BTEC HIGHER NATIONAL (HND) DIPLOMA IN BUSINESS UNIT TITLE: MANAGING FINANCIAL RESOURSES AND DECISIONS MAKING UNIT NUMBER: UNIT 2 QFC LEVEL: LEVEL 5 ASSESSMENT TASK 1 Eight (8) sources of finance available to a business and for each source; assess its implications (financial, legal, dilution of control
Words: 5869 - Pages: 24
Indian retail sector. These factors for Wal-Mart would deal with the ability to operate in India efficiently as they do in the US. In addition, Wal-Mart to be successful will have to sort out problems with the government, culture differences and the partnership with Bharti. These factors for Wal-Mart and Bharti will be presented in more specific detail through a SWOT analysis. The analysis will evaluate Wal-Mart as a company in relation to the future operation in the Indian market. Then the Bharti Company
Words: 492 - Pages: 2
Identify the pros and cons of the partnership as a form of ownership. There are quite a few pros and cons with having a business partner. They are as follows: Having two people responsible for the big picture, and making sure no important balls get dropped makes for an easier run of things. Having two perspectives on challenges and another brain to bounce ideas off will help avoid a number of disasters that rash decisions can create. Self-care and work-life balance are the elusive goals of every
Words: 1072 - Pages: 5
trading in order to support a high market valuation of Enron’s stock; (b) setting up and operating related party transactions, called LJM partnerships, to do business with Enron; (c) exempting Fastow from the company’s ethics code regarding the private partnerships he set up; and (d) covering up the nature and extent of Enron’s problems through deceptive accounting
Words: 882 - Pages: 4
To: John Owner, President RE: Business Structure Advice Dear Mr. Owner: In response to your request, there are four business structure options to choose from when starting a business. These structures consist of sole proprietorship, partnership, corporation, and limited liability company (LLC). To assist you in selecting the best structure for your business, I would like to discuss the benefits and drawbacks, as well as legal and tax implications of each structure. Sole Proprietorship
Words: 864 - Pages: 4
Kovaleva Mary Assignment 3. Enron scandal Rise of the company Enron was an American energy company based in Houston, Texas. It was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In 1985, Kenneth Lay merged the natural gas pipeline companies of Houston Natural Gas and InterNorth to form Enron. In the early 1990s, he helped to initiate the selling of electricity at market prices and, soon after, the United States Congress passed legislation deregulating the
Words: 1505 - Pages: 7
