Enron Deceptive Accounting Shennigans

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Recommended: Summary of enron scandal

Many recommendations and lessons learn can come from this scam. Trust and credibility making sure that auditing firms audit clients truly are independent. These circumstances can lead to a type of managerial myopia that focuses managerial attention on the firm’s potential to investors in an effort to reach higher market valuations of the firm’s stock. Have to make sure there is no disconnect between current market prices and the intrinsic worth of a firm’s shares. Because every stockholder, CEO wants to make as much money as possible and follow the rules. I do not condone Enron’s deceptive accounting shenanigans. While they had been originally made their decisions in the name of the greater good, however, in spite of this massive display of

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