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Enron Corporation

P/F/230. Fraudulent practices in accounting: report on recent scandals

WORDS:
2500
DATE:
2004
PRICE:
29.99 GBP

The paper looks at accounting frauds at Enron, Global Crossing and WorldCom that made front page news over the past few years. The scripts of the frauds involving major auditing companies (Arthur Andersen) are analysed. The ways of recovering from the scandals are outlined. The conclusion is made that companies' books are unreliable and subject to data manipulation.

 

KEYWORDS: f, fraudulent, practices, accounting, recent, scandals,

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