[pic] SCHOOL OF ACCOUNTANCY UNIVERSITI UTARA MALAYSIA FIRST SEMESTER 2014/2015 (A141) COURSE CODE : BKAL3063 COURSE : INTEGRATED CASE STUDY PRE-REQUISITE : BKAF3073 FINANCIAL ACCOUNTING & REPORTING IV 1. SYNOPSIS This is a capstone course for the accountancy programs, which integrates knowledge from financial accounting & reporting, management accounting, taxation, audit, finance, management and business–related
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About Accenture Accenture is a company focused on management consulting, technology services and outsourcing. If we base solely in net profit it was the biggest consulting group in the world on the year 2014 by achieving net revenue of 30 billion dollars. Accenture starter as a company in 1950 under the name Andersen Consulting later on, in 2001 it changed its name to Accenture and became publicly traded thus giving birth to the company we know today. Accenture has around 300.000 employees scattered
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The Enron Scandal Case Study FACTS OF THE CASE Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Enron's predecessor was the Northern Natural Gas Company, which was formed during 1932, in Omaha, Nebraska. It was reorganized during 1979 as the main subsidiary of a holding company, Inter-North which was a diversified energy and energy related products company. During 1985, it bought the smaller and less diversified Houston Natural Gas company
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confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. I believe that the main parties who were responsible for the Enron Scandal were the CEO’s, as this was an ongoing affair, which had started with prior CEO’s, including Kenneth and Jeffrey Skilling. Another key player was Andrew Fastow, the CFO for Enron who was found guilty for fraudulent reporting and falsifying/destroying
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Watergate conspiracy had finally come to light, the president resigned. His successor, Gerald Ford, immediately pardoned Nixon for all the crimes he “committed or may have committed” while in office. Although Nixon was never prosecuted, the Watergate scandal changed American politics forever, leading many Americans to question their leadership and think more critically about the presidency. The origins of the Watergate break-in lay in the hostile politics of the 1960s. By 1972, when Republican President
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How Cooking the Books Works by Lee Ann Obringer 1. [pic] 2. Page 3. 6 4. 7 5. 8 6. 9 7. [pic] Case Study: Enron Ads by Google Science Discovers God? Do New Scientific Discoveries Point to a Creator of the Universe? y-jesus.com Download Videos for Free See & Download Your Favorite Videos With Video Scavenger. It's Free! www.videoscavenger.com Business Card Templates Create Free Business Cards. Choose From Many Design Templates- Free! www.myscrapnook.com Background Once
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connection with its audits of Enron's financial statements, or its obligation to bring to the attention of Enron's Board (or the Audit and Compliance Committee) concerns about Enron's internal contracts over the related-party transactions" (“Enron Scandal”). After reading about
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Global Perspectives on Accounting Education Volume 3, 2006, 27-48 ENRON AND ARTHUR ANDERSEN: THE CASE OF THE CROOKED E AND THE FALLEN A Gary M. Cunningham Visiting Professor Department of Business Administration Åbo Akademi University Turku, Finland Jean E. Harris Accounting Department Pennsylvania State University, Harrisburg Campus School of Business Administration Middletown, Pennsylvania USA ABSTRACT Outside the US, the failures of Enron and Arthur Andersen remain puzzles. How could the accounting
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Arthur Andersen LLP, based in Chicago, is a holding company and formerly one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations. In 2002, the firm voluntarily surrendered its licenses to practice as Certified Public Accountants in the United States after being found guilty of criminal charges relating to the firm's handling of the auditing of Enron, an energy
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accounting activities by corporations. The Sarbanes-Oxley Act (SOX) mandated strict reforms to improve financial disclosures from corporations and prevent accounting fraud. SOX was driven in response to the large corporate accounting scandals in the early 2000s. Scandals such as Enron, Tyco, and WorldCom shook investor confidence in financial statements and required an overhaul of regulatory standards. In order for a company to remain SOX compliant, an auditor will need to review LJB’s financial statements
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