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Special Purpose Entities and Accounting at Enron

This approach was legal and acceptable under FASB rules at the time. The Enron-specific problem arose when Enron did not consolid...

Appropariate Guidance and Standards for the Consolidation of Special Purpose Entities and FASB

does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...

WorldCom, Enron, and Ethics

employees - and even the economy. In the end, no one has benefited from either situation, because the methods were done in secrecy...

SMEs and AIS' Impact

it seems that the climate for small businesses is better than ever. With the advent of the Internet, small and medium sized compan...

Overview of Global Account Management

there are many drawbacks to it as well (2001). How might a company know if global customer management is conducive to their style ...

Shakespeare's Comedy No Error

for supper. Meanwhile her REAL husband returns home, but is denied entry by Antipholus slave. During the course of the meal, Antip...

Career Opportunities in Accounting and Auditing

and tax senior (AICPA (b), 2002). Corporate accounting, in the meantime, includes management accounting, financial accounting and ...

Corporate Spying and Accounting Issues

This paper will discuss what corporate spying is, how it is conducted, and how accounting departments can be targets of corporate ...

Questions Pertaining to Accounting

to ?68,599 in 19X7. This is an increase of ?53,537, or 76% (calculated by taking 53,537 which is the increase between 19X7...

Accounting Techniques Used inWorldCom's Acquisitions and Mergers

international services as part of WorldCom Inc which operates over countless seamless networks. In regards to revenues and traffic...

UK Accounting Standards on Short and Long Term Cable and Wireless

top 41.89 from 43.73%. The return on assets fell from 16.6% to 12.12%. Return on equity also showed a fall, from 44.15% to 18.79%....

Early American History and Free African Americans

my opinion, yet I consider our condition but little better than that....After all, methinks there are no chains so galling as thos...

Offshore Pension Plan Investment

The Dow nearly crossed into 3,000 territory long enough to close there on several occasions prior to the Gulf War in 1991 and fina...

The Peloponnesian War as Described by Thucydides

At the beginning of this extended speech, the representative from Corcyra prefaces his narrative of events with an appeal that is ...

Accounting and White Collar Employment in 'Down and Out in White Collar America' by Nelson Schwartz

This has been especially true in accounting. Twenty years ago, the profession of accounting mainly focused on spreadsheets and the...

Accounting and Gross Domestic Product

balance sheets, cash flow statements and other accounting-specific functions. This even tends to be the case even when the account...

Elizabeth Ashbridge and a Letter From Her Husband

I know that my treatment of you was unforgivable and added to your other burdens of sorrow: although a man has the right to discip...

Cecelski's Along Freedom Road

those societal institutions, such as schools and churches, which had grown out of the post-slavery era and reflected black cultura...

Fictitious Trebor Company's Accounting Approaches

invested equity is larger than the required equity rate of return (Johnson, 2002-2003). The DCF method is used when prospective di...

Convenience Store Management Accounting

at least two other kinds of retail establishments, gas stations and grocery stores. They could maintain competitive prices on gas...

Decisions on Capital Budgeting

x = 15.53% 1(b). Retained Earnings Break Point Equity = 60% = 0.6...

Gross Domestic Product Economic Indicator Importance

make business decisions and prepare for future trends. In looking at the GDP it is important to realize that a true historical ...

Briggs and Stratton Projections

and that years before this were more successful and that the 2002 figures appear to indicate a recovery. However, we also have to ...

Accounting Practice's 5 Development Stages

the controls may be seen as the result of a highly developed and complex system. Two countries that may be placed into this...

Examination of International Accounting

accounting method for companies to follow so as to avoid confusion when it comes to currency exchanges, transfer price taxes, impo...

Arkansas Exploration History

Louisiana Purchase (The Exploration and Colonization of Arkansas). This area though was actually part of Missouri, but became the...

Accounting Audits, the Public Company Accounting Oversight Board and the Sarbanes Oxley Act, Statements on Auditing Standards 99

the creation of a Public Co. Accounting Oversight Board (PCAOB). One year later, during 2003, the American Institute of Ce...

Hospitality Industry and Uses of Technology

technologies that Xeta designed for the hospitality industry, for example, are used by businesses and institutions in order to tra...

Financially Assessing the Merger Between AOL and Time Warner

Time Inc., in filmed entertainment there is Warner Bros and New Line Cinema, for Music there is the Warner Music Group, and for Ca...

Accounting for Impairment of Assets

to implement IASC in the union by 2005 nearly 80% backed the move ((Journal of Accountancy, 2001). In addition more than two thir...