Question I Give definition of earning management. Discuss in what instances is earnings managementacceptable and in what instances is it not acceptable. Before defining what earnings management is‚ it is important to understand the meaningof earnings first. Earnings are the profits of a company. Investors and analysts look to earningsto determine the attractiveness of a particular share. Companies with poor earnings prospectswill typically have lower share prices than those with good prospects
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Executive Summary: Falls in the hospital are the major cause for the morbidity and the mortality in the elderly population. Falls among the elderly is increasigly being recognised and it is a major concern for the developed as well as the developing country. The purpose of this paper is to descibe the epidemiology of fall in the elderly in the hospital ‚ incluidng the charateristics‚ circumstances and fall related related injuries. The focus of this program is to support the staff in identifying
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Enron: What Caused the Ethical Collapse? Andrew Rumsey Post University Enron: What Caused the Ethical Collapse? Enron‚ a Texas based energy company‚ has improved the way that electricity and natural gas is purchased ever since its inception in 1985 when its owner‚ Kenneth Lay‚ merged his original company called InterNorth with Houston Natural Gas Company. In addition to this‚ Enron’s growth was attributed to not only the U.S. congress deregulating the sale of natural gas but its selling of electricity
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directors he was able to misled the investor which bring about Enron filing for bankruptcy in 2001. In early‚ 2002 criminal investigation was open by US department of Justice into Enron’s collapse. The Security exchange commission (SEC) also opened the investigation into Arthur Andersen as well because they destroy and hide evidence of Enron’s financial statement. The role of the auditing giant Arthur Andersen in the collapse of Enron is incomprehensible to some. The accounting firm overlooked significant
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The aim of the failures method Introduction: The aim of the Failures Method is to investigate some identified failure to learn what aspects of the situation may have led to the failure occurring. The investigation consists of comparing “ideal” models against the real-life failure situation. This comparison is expected to reveal discrepancies between the two‚ highlighting areas of concern. These discrepancies can then be interpreted in relation to the failure situation and conclusions can be drawn
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Enron Case Study XXXXX XXXXXXXXX State College Enron Case Study Enron was a corporation founded in 1985‚ when a merger combined Houston Natural Gas and InterNorth (Thomas‚ 2002). Throughout the first five years of Enron’s existence‚ they had many struggles. According to Salter (2005)‚ the first years had many “near death” experiences. Eventually Enron was able to prevail over their many “near death” experiences. In 1989‚ “Enron locked in its first fixed price contract to supply natural
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Failure Analysis at DMRC On July 12th 2009 a metro bridge that was under construction collapsed due to negligence by an office in-charge of the Badarpur Metro line. The failure of the bridge killed 6 and injured another 15 when the pier cap sheared from the connecting pillars. The Delhi Metro Rail Corporation took major heat from this incident because the roadway was a major milestone of providing a reliable and easy mean of transportation to the capitol of India. The DMRC is considered the most
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ENRON: The Idiocy and the Irony Introduction Red flags were blinding as Enron learned about possible corruption with Enron Oil Trading in Valhalla‚ New York. After the merger between HNG and InterNorth‚ the Valhalla office‚ originally established by InterNorth seemed all but forgotten until quarterly and annual reports were due. Supervisors Tom Harding and Steve Sulentic were rarely on-site‚ preferring the comfort of offices in Houston. Louis Borget who established and operated the trading
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IT Failure and Professional Ethics: The One.Tel Case David Avison and David N. Wilson David Avison‚ ESSEC Business School‚ Cergy-Pontoise‚ France avison@essec.fr David Wilson‚ University of Technology‚ Sydney‚ Australia. davidw@it.uts.edu.au For correspondence: Associate Professor David Wilson Associate Dean (Education) Faculty of Information Technology University of Technology‚ Sydney PO Box 123‚ Broadway‚ NSW 2007 IT Failure and Professional Ethics: The One.Tel Case Abstract Information
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collapse of Enron had substantial and far-reaching ramifications throughout the financial investment field‚ tax compliance professions and the accounting profession. Intense Congressional scrutiny resulted in a new era of transparency in financial reporting‚ stricter reporting standards as provided in Sarbanes-Oxley and substantial penalties for failure to comply with new financial reporting and tax compliance standards in the Internal Revenue Code (Bottiglieri et. al.‚ 2009) Enron Assignment
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