Enron Fraud The Enron Fraud Enron Corporation began as a small natural gas distributor and over the course of 15 years grew to become the seventh largest company in the United States. Soon after the federal deregulation of natural gas pipelines in 1985‚ Enron was born by the merging of Houston Natural Gas and InterNorth‚ a Nebraska pipeline company. Initially‚ Enron was merely involved in the distribution of gas‚ but it later became a market maker in facilitating the buying and selling
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SPE 90482 Development & Field-Testing of a Cost Effective Rotary Steerable System M.Moody‚ S. Jones‚ P. Leonard‚ PathFinder Energy Services Copyright 2004‚ Society of Petroleum Engineers Inc. This paper was prepared for presentation at the SPE Annual Technical Conference and Exhibition held in Houston‚ Texas‚ U.S.A.‚ 26–29 September 2004. This paper was selected for presentation by an SPE Program Committee following review of information contained in a proposal submitted by the author(s)
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Introduction to Key Issues Dennis Shaughnessy is the senior vice-president for corporate development and Charles River Laboratories (CRL). He prepared a presentation to the company’s board of directors which request to invest up to $2 million in a Mexican joint venture (JV). They need to decide whether to do a joint venture between ALPES and CRL. Some other issues came out at the same time‚ Jim Foster‚ the CEO viewed the proposed joint venture as a potential distraction as his company continues
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Educating Special Needs Students: I.e. Autism and other Severe Disabilities Timothy E. Jackson SPE -226 Educating the Exceptional Learner February 23‚ 2011 Professor Rebekah McCarthy This essay is entitled Educating Special Needs Students‚ the author will discuss and several important issues‚ which will be the following; the defining of Mental Retardation a term the author despises‚ Autism‚ Severe Disabilities and Multiple Disabilities‚ also their causes‚ and the impact of these disabilities
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responsibilities of a company’s board of directors? (b) Could the board of directors at Enron—especially the audit committee—have prevented the fall of Enron? (c) Should they have known about the risks and apparent lack of independence with Enron’s SPEs? What should they have done about it? The responsibilities of a company’s board of directors include: • Protect the shareholders’ assets and provide a return on investment • Make important decisions that affect shareholders (dividends) • Decide
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UNIVERSITI MALAYSIA PERLIS SCHOOL OF BUSINESS INNOVATION & TECHNOPRENEURSHIP BFT 503 businesss ethics & csr NAME : NUR AINUL MARDHIAH BINTI MD. ZULKIPLI MATRIC NO : 1333430136 Dr. Abdullah bin osman Enron : Questionable Accounting Leads To Collapse History ENRON CORPORATION. Enron‚ a corporation headquartered in Houston‚ operated one of the largest natural gas transmission networks in North America‚ totaling over 36‚000 miles‚ in addition to being the largest
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George Zimbardo—psychologist and professor at Stanford University conducted prison experiment to test the effect of situations. In contrast with prediction as lengthy and boring‚ the experiment’s result shocked the world. The Stanford Prison Experiment (SPE) has indicated the significant power of roles‚ or situations‚ on human behaviors; thus‚ brings about many influences on society. According to Zimbardo in “ Obedience to Authority‚” he asked the students during the spring term to reverse role and
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GAAP / IFRS Fiat Group’s first-time adoption of IFRS Differences Between Key Accounting Methods Under Italian GAAP And IFRS What characterizes the differences between the two sets of methods? - Substance over form Example: Recognition of revenue - Less flexibility Example: Recognition of R&D cost - More transparent Main factors that affect management’s reporting incentives and strategy in fiscal year 2005 - Research & Development: Because Fiat main operations are based on the manufacturing
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Attitude‚ Legislation‚ and Litigation Shirley A. Robinson Grand Canyon University SPE-226 EDUCATING THE EXCEPTIONAL LEARNER May 6‚ 2012 Professional Resources In this essay we are going to look at some resources that can help the teacher in making some decisions in his/her professional development. As‚ spending time with a professional technology computer lab instructor at a pre-k through fifth grade school this has been a rewarding challenge in helping these children with
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How did the corporate culture of Enron contribute to its Bankruptcy? Once a sound company listed in fortune 500‚ Enron‚ lead to downfall because of deceptive accounting system incorporated within the organization. Enron’s dubicious finance finally collapsed in Dec 2‚ 2001 as it filed Bankruptcy in New York Bankruptcy court. The corporate culture of Enron focused on financial performance neglecting the stakeholder’s value .The relentless emphasis on the importance of the shareholder’s value created
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