stock. Bill and hold isn’t illegal‚ but Sunbeam’s shareholders felt deceived and filed lawsuits. Sunbeam’s accounting firm‚ Arthur Andersen (later ruined by its involvement with Enron)‚ performed an audit and reported that Sunbeam’s books were accurate and in accordance with federal guidelines. However‚ the board was unsatisfied and hired Deloitte & Touche to review Arthur Andersen’s audit. This follow-up uncovered proof that the numbers had
Premium Arthur Andersen Enron scandal Enron
significant contributor to the lack of transparency is the role of Arthur Andersen as Enron’s auditor. The auditing firm was also involved in consulting services for Enron‚ leading to very high conflicts of interest. The auditor of Enron‚ should have been more independent in order to provide objective assessment‚ and the aforementioned parties should have been wary enough to investigate the close relationships between Enron and Arthur Andersen. Furthermore‚ the regulations in place at the time‚ which
Premium Enron Enron scandal Arthur Andersen
1.0 SUMMARY OF FACTS OF THE CASE STUDY After understanding the overall of case study‚ Arthur Andersen: Questionable Accounting Practice‚ we have identified a few facts. The following subsection will present the facts. 1.1 ARTHUR ANDERSEN Arthur Andersen LLP was founded in Chicago in 1913 by Arthur Andersen and partner Clerence DeLeny. Over a span or nearly 90 years‚ the Chicago accounting would became known as one of the “Big Five” largest accounting firms in the United States together
Premium Arthur Andersen Enron Audit
METRICAL ROMANCES OF THE MIDDLE AGES The very word ’romance’ conjures up to our mind visions of battlemented castles‚ of fair ladies pining in the enchanters’ castles and waiting for their brave knights to come to rescue them‚ of knights riding forth in search of gloriously impossible adventures.The Middle English romances were each a story of adventure‚fictitious and frequently marvellous or super-natural‚ of tender love making‚ of tournaments and cavalcades. While reading these romances‚ we see
Premium King Arthur Medieval literature Knights of the Round Table
understanding…there is little to praise in me” (Sir Gawain and the Green Knight n.d.). However‚ it was these same characteristics - his weaknesses - which make him heroic. None of the brilliant soldiers accepted the challenge‚ nor stepped in when King Arthur agreed to fight the Green Knight (Sir Gawain and the Green Knight n.d.). Sir Gawain‚ rather like David in the story of David and Goliath‚ was the underdog who became the hero. He was not necessarily strong or overly courageous‚ but he understood what
Premium Le Morte d'Arthur Anglo-Saxons Sir Gawain and the Green Knight
having guilt what makes us human or good? Doesn’t it show that we do have a soul? Having guilt makes us human‚ it makes us grow and try to become someone better than we were yesterday. In the Crucible by Arthur Miller many characters are engulfed in guilt and are either punished or rewarded by it. Arthur Miller uses these characters to show how guilt can make you want to become a better person. Guilt pushes John Proctor to not only protect his wife but to protect the whole town at the end of the play
Premium The Crucible Salem witch trials John Proctor
of was King Arthur. I guess I had also heard of the name Beowulf‚ but only because there was a new movie coming out called that. I knew nothing about him though. But after reading the stories in this lesson‚ I became much more aware of both of these characters. As I was reading‚ I found out that Beowulf is an epic hero‚ and that King Arthur is a romantic hero. There are two other heroes that I read about‚ Gilgamesh and Achilles‚ but I chose to just write about Beowulf and Arthur because they
Premium Hero Difference
2012 “Witch Hunt” Expository Essay A witch-hunt is not limited to one particular event in history. Many key events throughout time relate very closely to these acts of misunderstanding and unjustified killings. For instance‚ The Crucible by Arthur Miller was written to portray the Salem Witch Trials in a fictional view although based on true events. Miller in fact based this play after Joseph McCarthy’s Red scare as a fictional foreshadow to more modern times. Another thing closely tied to
Premium Salem witch trials Salem, Massachusetts The Crucible
Women’s view of Chivalry in King Arthur’s Court King Arthur’s court is often presented as home to noble knights; however it may also be found that opposing views exist of how Knights of the Roundtable carried themselves‚ such as presented in Marie de France’s Lanval and Chaucer’s Wife of Bath‚ where one knight is being mistreated by his fellow brothers-in-arms and another knight is simply a rapist. These authors question the nobility of the knights as well as of the ladies and through their literary
Premium Middle Ages Sir Gawain and the Green Knight King Arthur
upon hysteria‚ who were frightened of life‚ who were desperate to reach out to another person…These seemingly fragile people are the strong people really (Williams: Twenty Years after Glass Menagerie).” Tennessee here captured the very essence of Arthur Miller’s The Crucible. The Crucible is all about the desperation‚ hysteria‚ and fear of Salem’s people. The main theme of The Crucible is fear. Hysteria and fear are so closely linked they are practically synonymous. Hysteria is the main reaction
Premium Salem witch trials The Crucible Salem, Massachusetts