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An Enron manual of ethics from July 2000, about a year before the company collapsed. Enron's complex financial statements were confusing to shareholders and analysts. [1]: 6 [10] When speculative business ventures proved disastrous, it used unethical practices to use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. It was founded by Kenneth Lay in 1985 as a merger between Lay's ...
The Enron trademark was bought in 2020 for $275 by The College Company, according to a U.S. Patent and Trademark Office document. The file says the company sells t-shirts and Polo shirts, and ...
The company's demise was tinged with scandal, as it was revealed that Enron execs... Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
EY offices in Warsaw, Poland Ernst & Young Plaza in Los Angeles, California, US Ernst & Young office in Sandton, Johannesburg, South Africa In 2002, Ernst & Young serviced a large chunk of the clients previously working with Arthur Andersen after their downfall in connection with the Enron scandal , although it did not engage with any new ...
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Ernst & Young Australia: Enron: 2001 [59] Arthur Andersen United States: Jeffrey Skilling, Kenneth Lay, Andrew Fastow: Swissair: 2001 PricewaterhouseCoopers Switzerland: Adelphia: 2002 [60] Deloitte & Touche United States: John Rigas: AOL: 2002 [57] Ernst & Young United States: Inflated sales Bristol-Myers Squibb: 2002 [57] [61 ...