BCCI was paying its auditors $5 million per year to conduct audits which each year took nearly five months. if properly done‚ these audits should have uncovered the problems and forced action long before April‚ 1990 4. In the case of BCCI‚ there can be no question that the auditing process failed to work. As the Bank of England stated in determining that BCCI be closed 5. Given the demonstrable failure of the auditing process‚ serious questions have been raised about how and why BCCI’s outside
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Running Head: ENRON ETHICAL ANALYSIS Enron Ethical Analysis Gordon C. Shaw III Grand Canyon University Abstract This is a survey of business policies and procedures implemented by the Enron corporate policy committee headed by the chairman Ken Lay. The enigma of corporate responsibilities and ethics of the Houston based energy giant Enron are mapped out in a simple easy to read memorandum circulated throughout the several levels of management and to all employees
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assault. For my cultural event‚ I attended the “Can I Kiss You” lecture‚ as part of the Date Safe Project‚ which was about consent and understanding when you actually have it. These events were both interesting‚ informative and had an impact on my view of the topics discussed. First‚ I attended the “Can I Kiss You” event which was actually incredibly humorous‚ informative and serious all at the same time. We began by talking about body language‚ and how it can be incredibly unreliable and‚ in some cases
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Bad Things About Being on a Team It’s the last game of the soccer season. The oval is filled with screaming fans. Cheerleaders are screaming to encourage you more! Just need that last point so the home team can win against the visitors. You’re severing‚ the pressure is just overwhelming‚ and sweat is dripping down from your head like someone has left the tap open. You get the ball and kick it… its perfect! You’re team wins the game. All the fans are shouting your name and automatically you become
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Enron was originally a pipeline company in Houston‚ Texas in 1985. Enron became a company that was able to profit by providing deliveries of gas to utility companies and businesses. As the deregulation of electric power rose‚ Enron diversified the business and entered into an energy broker‚ which traded electricity and other types of commodities. Enron employed several highly qualified PHDs in mathematics‚ physics‚ and economics. Enron continued to enter into contracts with customers and utilized
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1. The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. Following parties are believed to be the most responsible for the crisis. With any big organization going so bad‚ the blame starts with the top level executives‚ there was no different in this case. For Enron the blame started with Enron’s
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Can You Relate ? William Shakespeare is a brilliant man. He wrote many great plays. It is still amazing how Juliet relates to modern day teens in so many ways‚ when the play was written in 1597. In The Tragedy of Romeo and Juliet‚ Juliet is a love sick teenager who goes through a tragic romance‚ but it is the series of events and how she responds to them that makes her relatable to modern day teens. These similarities occur in the way Juliet and teens today act. The first likeness is in the word
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“Buddy‚ Can You Spare a Dime?” When I set out to look for a song that would accurately and effectively represent the hardships‚ evils and effects of the depression era‚ I was faced with a unique challenge – One that I did not expect. From my time spent searching for a song that captures the essence of that lamented time‚ I learned that the Great Depression‚ in itself‚ held so much misery‚ so much adversity and strife‚ that there couldn’t possibly be a single song that could take into account
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Nice Work If You Can Get It The musical that we chose was Nice Work If You Can Get It‚ directed and choreographed by Kathleen Marshall‚ starring Matthew Broderick and Kelli O’Hara. Originally it was expected to open on Broadway in the spring of 2009‚ with Harry Connick Jr and Erin Dilly as the leading roles. There were disagreements between members of the production team causing the show to be postponed and later reestablished with a new cast and some new production team members as well. Nice
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Desperate for a good night’s sleep? 6 things to avoid before bedtime Even if you’ve drunk gallons of camomile tea‚ shut the curtains and turned off the lights‚ there’s still plenty of reasons why you might not be falling into the land of nod. Here are six of the biggest sleep faux pas that keep millions of Brits awake at night... Too many tablets If you’ve got a cold or‚ even worse‚ the flu‚ you may be struggling to switch off because of a runny nose and chesty cough. It’s natural to
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