ENRON ACCOUNTING FAILURE AND ETHICAL ISSUES ENRON ACCOUNTING FAILURE AND ETHICAL ISSUES Lecturer: DR SITI ZELEHA ABDUL RASHID Prepared by: SAMIRA ALVANDI SHAHRZAD KARIMI HAMED KHAZAEI 1 ENRON ACCOUNTING FAILURE AND ETHICAL ISSUES ENRON ACCOUNTING FAILURE AND ETHICAL ISSUES 2 ENRON ACCOUNTING FAILURE AND ETHICAL ISSUES Table of content: Abstract……………………………………………………………………………..…...4 1. Introduction ……………………………………………………………………..……5 2. Literature review ………………………………………………………………
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2. Ethical Issues in Business. It seems that every day in the news we are hearing of new company that has acted at least unethically and possibly illegally in the operation and financial reporting of their company’s business dealings. There are many ethical issues in business. One major issue that we see is over and under reporting net income. Companies like to show that every quarter the net income of the business has an increase or profit. In order to show this they adopt unethical or illegal
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In this essay I will explain the issues Mr X has expressed as I understand them. I will also explore the ethical considerations that should be considered before devising a relevant course of treatment. Mr X stated that he has been employed as an estate agent in the same company for 18 years. During this time he has regularly demonstrated that he is capable of successfully executing the role of manager by “standing in” when the manager is absent. Despite this he is apprehensive to put himself forward
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Current Ethical Issues Jorge Delgado June 23‚ 2013 Axia College of University of Phoenix Current Ethical Issues In today’s business environment‚ ethics take a toll far greater than that of previous years. It is more important now than ever that business ensure their ethics program is solid. For Upbeat Financial Service it is important to ensure the six characteristics that build a good solid ethical decision. Trustworthiness‚ respect‚ responsibility
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1. Originally‚ an Ethics and Compliance team was formed to monitor the formation and operation of the company guidance towards ethical issues in BP’s company. Just like to set up a communication consistent standard for all the employees of BP for different location‚ culture and language. Originally‚ this is a good way to guide the company staff to maintain company standard and reputation. But the code did not effectively address specific high-risk activities for the scope of daily operations. It
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There are several ethical issues in the news lately about the treatment college athletes are receiving compared to the non-athletic students of universities. Is the practice of favoring athletes and bending the rules in the favor of universities to enable the best college sports stars to play ethical? Two major ethical issues that have been in the public eye as of late is cheating and grade tampering‚ and recruiting tactics. Both of these actions are unethical‚ but it still isn’t stopping universities
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Ethical Issues in Marketing: The Context of Developing Countries Introduction: Marketing‚ in contemporary times‚ has seen a tumultuous change in the way it’s conducted in developing countries. The oft cited dictum that only change is constant in the marketing genre is an apposite one. Just as the media of social communication themselves have enormous influence everywhere‚ so advertising and marketing‚ using media as their vehicles‚ are pervasive‚ powerful forces shaping attitudes and behavior in
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Architecture of the New Capitalist Society INTRODUCTORY THEME Daniel Libeskind ’s winning design for the new World Trade Center takes a sentimental and metaphorical approach. He claims that the completed WTC would become the representation of America ’s belief in humanity‚ its need for individual dignity‚ and its beliefs in the cooperation of human. Libeskind ’s original design focused on restoring the spiritual peak to the New York City and creating an icon that speaks of America ’s vitality
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As information technology systems is rapidly improving‚ the ethical issues of a organization as big as AT&T can no longer be ignored. This is mainly because with improving technology trends‚ growing benifits concerning the company will affect both existing and former executives. Since AT&T gathers incredibily massive amount of data from customers‚ how this information is used can be a major concern. For example‚ the personal information of a customer can be traded or sold to other information technology
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Ethical Issues with Termination At-will employment means that the employee or employer has the right "to end the employment relationship at any time with or without notice or cause." (FedEx Office: AllBusiness‚ 1999-2009) Involuntary termination is a touchy subject for employers and it can happen for numerous reasons: specific cause‚ such as stealing‚ poor performance‚ and layoffs due to lack of work. Even though most companies have an "at-will" relationship with their employees‚ it is still
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