a new generation of employees. The new director was keen to explore more customers. They audit and certificate more accounts and made larger profits for their company. Andersen guaranteed the accounts for dishonest company from John DeLorean to Enron and WorldCom. The code of ethics which Andersen against are: 1. Standard I (A) Knowledge of the Law. Members and Candidates must understand and comply with all applicable laws‚ rules‚ and regulations (including the CFA Institute Code of Ethics
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` Enron: The Smartest Guys in the Room The movie‚ Enron: The Smartest Guys in the Room‚ is a classic story about corporate America’s greed an deceit that was discovered after the demise of Enron. The collapse of Enron was one of the largest bankruptcy in history and the movie captures the culture of money and politics involved in big American corporations. The film did a very good job portraying the culture that allowed Enron to become one of the largest corporations in America while
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Alum Lab Conclusion The purpose of this laboratory was to use two different techniques to attempt to identify the melting point and the mole ratio of hydrated water to anhydrous aluminum‚ potassium‚ and sulfate of AlKSO4. The hypotheses were: if the alum was put in a capillary tube the melting point of alum will be able to be determined; and the water of hydration in alum crystals will be possible to determine if the alum is heated with a Bunsen burner. Results: Part 1: Data Table | Trial
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VI- CONCLUSION The eye is the organ of vision. It has a complex structure consisting of a transparent lens that focuses light on the retina. The retina is covered with two basic types of light-sensitive cells-rods and cones. The cone cells are sensitive to color and are located in the part of the retina called the fovea‚ where the light is focused by the lens. The rod cells are not sensitive to color‚ but have greater sensitivity to light than the cone cells. These cells are located around the
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in a community of whites. During this period of time‚ there were multiple laws and amendments produced to help free enslaved African American. Some laws were against newly freed slaves‚ which denied the Africans things white people could do. In conclusion‚ Reconstruction was a period of time where there were drastic changes to the American Union. Flash Back in the Past: Richmond‚ Virginia “One spring day in April‚ 1861‚ all Richmond was astir. Schools were broken
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this paper is consider three possible rationales for why Enron collapsed—that key individuals were flawed‚ that the organization was flawed‚ and that some factors larger than the organization (e.g.‚ a trend toward deregulation) led to Enron’s collapse. In viewing “Enron: The Smartest Guys in the Room” it was clear that all three of these flaws contributed to the demise of Enron‚ but it was the synergy of their combination that truly let Enron to its ultimate path of destruction. As in any organization
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In October of 2001 the Enron scandal was revealed‚ which led to their bankruptcy. It was the biggest bankruptcy reorganization in American history at that time. In the movie Jeff Skilling suggest that money is the only thing that motivates people‚ and I agree with him. Money might not directly motivate everybody but it plays a part in everybody’s motivation. Money is the reason people stay in school longer than required‚ the reason people work‚ and the reason why people get out of bed in the morning
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CONCLUSION: His administration was considered one of the cleanest and most corruption-free; his presidency was cited as the Philippines’ Golden Years. Trade and industry flourished‚ the Philippine military was at its prime‚ and the Filipino people were given international recognition in sports‚ culture and foreign affairs. The Philippines ranked second in Asia’s clean and well-governed countries. Magsaysay achieved to suppress the Huk as Luis Taruc surrendered to his administration. Majority
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FFRANCIS TURBINE QUESTIONS & DISCUSSIONS 7.1 QUESTIONS 1. Plot a graph of: a. Turbine velocity versus flow rate. b. Turbine velocity versus output torque. c. Turbine velocity versus hydraulic power. d. Turbine velocity versus mechanical power. e. Turbine velocity versus efficiency. 2. Give your comment(s) from the graph obtained. Based on the graph Turbine velocity versus flow rate‚ it is shown that line for both z=50% and 100%is increasing when turbine
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Shaffer Directed by Marc Shaffer Correspondent Hedrick Smith ANNOUNCER: It was a meteoric rise. VOICE: We will become the world’s leading company. ANNOUNCER: And a devastating collapse. VOICE: Enron is a corporate Chernobyl. VOICE: You had the entire system playing fast and loose. VOICE: It is not just Enron‚ it’s an industry problem. LYNN TURNER‚ SEC Chief Accountant (1998-2001): It is real‚ real damage to the country. ANNOUNCER: Why didn’t anyone sound an alarm? VOICE: The watchdogs work for executives
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