Using Modified Altman‚ Chanos‚ Beneish; Examine Enron Corporation for 1997‚ 1998‚ 2000 & 2001 show as to how early financial fraud could be identified Introduction The history of Enron corporation can be traced to the 1930s when the Northern Natural Gas Company‚ was formed in order to transport and market gas. The company formerly known as Northern Natural Company changed several times‚ as it made significant transformations in portfolio of its business activities and name. In 1980‚ Northern
Premium Enron Generally Accepted Accounting Principles Balance sheet
What are the main points in the biomedical model of health‚ its usefulness and weaknesses? The biomedical model of health is seen as a narrow or simplistic understanding of health. Indeed‚ it focuses on individuals’ welfare by looking at how to remove their illness through diagnosis and effective treatment. It looks at the human body as a machine‚ which needs to be fixed if something goes wrong and where medication or treatment is provided to end what does not work well (illness). This
Free Sociology Marxism
The film titled‚ Enron‚ the Smartest Guys in the Room‚ is a phenomenal examination of an organization that in all likelihood started out to perform ethically but‚ after a modification in design and moral decision-making‚ it evolved into an organization based upon greed and performance no matter what cost. Ironically‚ the motto of this company was‚ “ask why” however this is perhaps the sole question that many employees are now asking themselves and should have routinely asked in the years
Premium Enron Corporation Business ethics
catered to European immigrants and offered many social‚ educational and artistic programs. Although Hull House was tasked with assimilating these immigrants‚ it did provide a forum in which these immigrants could share their unique multicultural perspectives. Catherine Beecher‚ another educational pioneer‚ also helped to pave the way for multiculturalism in the American classroom. She was a staunch advocate of women’s right to education and
Premium Education United States Teacher
Weekly test 5 Perspective on an issue: "Governments must ensure that their major cities receive the financial support they need in order to thrive‚ because it is primarily in cities that a nation’s cultural traditions are preserved and generated." The speaker asserts that major cities of any country should be aided financially because they are the main contributors to its culture. I‚ however‚ disagree with this view. Countries are ever-developing structures and though cities are the pillars
Free Culture The Culture Town
Theoretical Perspective Level of Analysis How it views family Strengths of this Perspective – what it focuses on and contributes to our understanding of families Weaknesses or Criticisms of this Perspective Examples of Major Questions that a Researcher might ask with this perspective Structural-Functionalist Macro The family maintains and ensures a social continuity This perspective focuses on how families contribute to a society’s stability. Weaknesses of this perspective are considered too conservative
Premium Family Sociology Marriage
Mental Health in Brevard County from the Conflict Perspective My Social Issue: My social issue addresses the availability and accessibility of mental healthcare in Brevard County‚ Florida. Though it cannot be exactly pinpointed when this became an issue it has been known for many years the lack of resources available to those plagued with mental illness. According to the Professional Research Consultants‚ Inc.‚ mental illness is one of the primary causes of disability (Professional Research Consultants
Premium Prison Crime Criminal justice
Awakening” can be viewed by three different perspectives; psychoanalytical‚ historical‚ and feminist. The historical perspective focuses on the setting of the story; the year and the major events of that time period. For the historical perspective “The Awakening” is set in the Victorian times of the south when Queen Victoria reigned from 1837 until her death in 1901. The British people had a long prosperity during her reign (ukanswers.com). The feministic perspective focuses on gender and the beliefs of
Premium Kate Chopin The Awakening English-language films
Financial Risk is one of the major concerns of every business across fields and geographies. This is the reason behind Financial Risk Manager FRM Exam gaining huge recognition among financial experts across the globe. FRM is the top most credential offered to risk management professionals worldwide. Financial Risk again is the base concept of FRM exam. Before understanding the techniques to control risk and perform risk management‚ it is very important to realize what risk is and what the types of
Free Operational risk Risk Risk management
Philosophies consistently change as everyday occurrences shape our perspective. From a young age‚ I was held to a higher standard than my peers. My mother had recently been abandoned by my father‚ and was left to work three jobs to support the bills he had left behind. I depended on her as much as she depended on me‚ and we worked together to survive. Days before my fourth birthday‚ I began to become too sick to attend school‚ too sick to even walk. This progressed until my doctors ran enough tests
Premium Nutrition Obesity Diabetes mellitus