What Are Enron Wrongful And Unlawful Practices

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My company would also potentially engage within the wrongful and unlawful accounting practices like those adopted by Enron. Enron adopted these wrongful and unlawful practice in financial accounting in the pursuit of an inflated business image that features success and innovation. For example, by trying to shift the loss of the company at the meantime to the future, Enron’s balance sheet looks much better. In addition, the profit that belongs to the future term could also be integrated into the reporting of the current terms’ revenue and profit Therefore, these practices managed to benefit the company in the short term. Our company would also make use of special purpose entities as vehicles to hide the company’s debt level so that the reported

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