The Enron scandal A brief on Enron’s history Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In the early 1990s‚ he helped to initiate the selling of electricity at market prices‚ The resulting markets made it possible for traders such as Enron to sell energy at higher prices‚ thereby significantly increasing its revenue. As Enron became the largest seller of natural gas in North America by 1992‚ Enron pursued a diversification strategy
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future of auditing Called to account The auditing industry has yet to recover from the damage inflicted by an era of corporate scandals Nov 18th 2004 |From the print edition * * NO ONE becomes an auditor because the job is adventurous. In recent years‚ however‚ the profession has been really rather racy. Auditors have been implicated in fraud after fraud. The Enron scandal brought down Arthur Andersen‚ which had been one of the profession ’s five giant firms. Now a scandal at Italy
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Chapter 13 Gout: a metabolic disease associated with the development of high URIC ACID in the blood. NOT CAUSED BY EXCESS INTAKE OF MEAT! Drugs that treat Gout: Allopurinol: Prevents formation of uric acid. **MOST COMMONLY USED FOR GOUT** (LongTerm Control) * Side Effects: hepatotoxicity‚ skin rash * Nursing Implications: keep urine slightly alkaline to prevent urine acid stones from forming; IV dose should be given as a single infusion. (kidney stones‚ kidney failure‚ gouty arthritis)
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Trust is the very thing that everybody in this world desires‚ or at least should desire from one another. Who wants to have a friendship or relationship without trust? Nobody does. Without trust‚ there is no friendship‚ and without friendship‚ there is no love. I believe that trust is an even greater compliment than to be loved! I believe George Macdonald said it best when he stated "To be trusted is a greater compliment than to be loved." When I read this quote for the first time‚ I thought to myself
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Impact This May Have Had In this essay I am going to look at the significance of the Watergate scandal and the effects that it had on America. I will also discuss what the importance of investigative journalism is and the role that it has in society. The chain of events known as Watergate was an American political scandal in the 1970’s which ultimately led Richard Nixon to resign as president of the United States. The effects of the Watergate scandal did not end with the resignation of President
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COMMENTARY: Poems I?d read over on any rainy day by Nikki Rivera Gomez / MindaNews Monday‚ 02 July 2007 23:01 It was the 1950s—the decade when a pompous West‚ emerging victorious from a world war that killed over 57 million people‚ was beginning to prance and preen like a peacock. Almost overnight‚ the US economy boomed with those big-finned Chryslers‚ Fords‚ and Buicks. Holiday Inn began its worldwide chain‚ as did the now ubiquitous McDonalds. I was barely a year old when Elvis‚ James
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101-1). In Goodbread’s case this refers to the fact that he had shares of stock (direct financial interest) in his possession when he was the audit engagement partner who oversaw the audit of Koger Properties‚ Inc. Under the Generally Accepted Auditing Standards (GAAS) there are three sections‚ General Standards‚ Standards of Fieldwork‚ and Standards of Reporting. Under the General Standards section of GAAS there is a specific standard for independence and it reads‚ “The auditor must maintain
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CREDIBILITY has to do with the words we speak. In a sentence we might say‚ “I can trust what she says about intellectual property; she’s very credible on the subject.” RELIABILITY has to do with actions. We might say‚ “If he says he’ll deliver the product tomorrow‚ I trust him‚ because he’s dependable.” INTIMACY refers to the safety or security that we feel when entrusting someone with something. We might say‚ “I can trust her with that information; she’s never violated my confidentiality before
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later he is wallowed through self-condemnation. Pursuing this further‚ pride of the protagonist trains a physically deprived little boy Doodle how to walk and give him the same amenities as every other healthy child. The pride of the narrator‚ “I [Brother] am going to teach Doodle how to walk.” (170). Pride‚ in this instance‚ gives Brother enough courage and vigor to help another human being in beneficial way. Because of this‚ he achieved great intentions with Doodle‚ although his courage for
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This scares me‚ because I believe my intentions are good‚ and the last thing I want to happen is for what I fight for to put students at a greater disadvantage. But I know that won’t happen‚ as long as I make sure that everything I do for my students stems from why I do what I do. I need my vision to be clear and for that vision‚ story‚ and root of my passion to drive me. I need to stay humble and true to my roots. So why do I fight for educational justice? Well for starters‚ I want to be a teacher
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