Objectives • Ask Why‚ Asshole? • Identify the types of threats professional accountants encounter and identify ways of minimising these. • Outline the disciplinary procedures for accountants. • Discuss the role of ethics in a global environment Enron: The Smartest Guys in the Room? Threats to Accountants • Code of Ethical Conduct • Compliance with these principles may be undermined by the following 5 threats from APES 110: • Self-Interest Threat ▫ may occur as a result of the financial or
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CASE 3 Enron: Questionable Accounting Leads to Collapse Once upon a time‚ there was a gleaming headquarters office tower in Houston‚ with a giant Tilted ―E‖ in front‚ slowly revolving in the Texas sun. Enron‘s suggested to Chinese feng shui practitioner Meihwa Lin a model of instability‚ which was perhaps an omen of things to come. The Enron Corporation‚ which once ranked among the top Fortune 500 companies‚ collapsed in 2001 under a mountain of debt that had been concealed through a complex scheme
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Enron: The Smartest Guys in the Room I. Review of the documentary Enron: The Smartest Guys in the Room is a documentary that was produced in 2005 as a reflection of the 2003‚ bestselling book with the same name. The documentary was written by Bethany Mclean and Peter Elkind. The film‚ produced by Alex Gibney is an explicit demonstration of how reputable corporations can tumble down because of illicit financial management. The film is about the Enron Company‚ which experienced enormous financial
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Learning from Failure “I can accept failure‚ everyone fails at something. But I can’t accept not trying.” This is only one of Michael Jordan’s many famous quotes. One reason I agree with this quote is because he is my all-time favorite NBA player; but the main reason I admire it is because it has inspired me to excel at several different things‚ such as sports‚ hobbies‚ and other interests. Losing a tennis match is one example of failure that I have experienced. I lost at least three or four matches
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of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
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Added Improvements Sea to Sky Highway Improvement Project Introduction This report examines‚ from a construction management point of view‚ the Sea to Sky Highway Improvements Project. The project was initiated in 2004 and completed in 2009. The impetus for the project was the awarding of the 2010 Winter Olympic Games being awarded to Vancouver/Whistler British Columbia in 2003. The report includes; 1. Background information describing the age of the existing highway‚ some of the engineering difficulties
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Interstates bypass all the towns‚ cities‚ and highways that people would not notice unless they drove on the highways instead of the interstate. Interstates are long‚ mostly straight‚ flat roads that lead from one place to another. On the interstate‚ semis loom over you like giant beast‚ cascading you and your entire car in a shadow as it rides by. Certain towns‚ shops‚ or cultures can only be found on blue highways‚ roads written in blue on a map‚ these highways can take you somewhere you have never been
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Highway Of Tears The Highway of Tears is a stretch of pavement that runs through central British Columbia. This road has been the scene many devastating moments in the 19-20th century. There have been many First Nation and Metis women murdered or gone missing along this highway. This essay will be explaining why this highway is so devastating to First Nations and Metis people. The Highway Of Tears is actually highway 16. This beautiful piece of road stretches from Prince George‚ B.C. all the way
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Running head: Enron and Ethics Enron: An Ethics Case StudyEnron: An Introduction The previous decades have seen the birth and meteoric rise of several corporate giants such as Microsoft and Apple‚ both of which have all but become household names in this day and age. Neither achieved their level of success overnight‚ especially not since they have long been known to be in direct competition with each other. On the contrary‚ both of them have had their share of scandals and controversies
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dynamic behavior of highway bridges has increased in recent years‚ due to the introduction of high-speed vehicles. Under loads of high speed‚ the bridges subject to large dynamic effects. Therefore‚ the demands on highway bridge structures are increased. The dynamic aspects have often shown to be the governing factor in the structural design. Generally‚ for all highway bridges induced by vehicle speeds over 200 km/h‚ dynamic analysis is required. A correct understanding of Highway Bridge dynamic is
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