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An essay of the movie “Enron: The Smartest Guys in the room” (2005) (Example)

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Name Tutor Course Date “Enron: The Smartest Guys in the Room” “Enron: The Smartest guys in the room” (2005) is one of the best-selling documentary films in America. The film is indeed based on one of the best-selling books in 2003 of the same name which was published by Fortune reporters Peter Elkind and Bethany Mclean. Indeed the films examine the fall of Enron Corporation in 2001 which led to some of the top managers in the corporation to face criminal charges due to the Enron scandal (Christinsen & Valerie 738). In this essay we are going to use the Enron film to answer various questions which will be addressed below through checking its causes of collapse Why is it important to use the historical value and not the market value in accounting? Market value is indeed a method of accounting in which a business evaluates and reports all should also hold high ethical standards to prevent cases like those in Enron Corporation from happening again. This actions will definitely lead to most companies being effective and profitable to their shareholders. Works cited Banks Sarah. Ethical issues in youth work. Routledge 2012.Blankespoor Elizabeth et al. "Fair value accounting for financial instruments: Does it improve the association between bank leverage and credit risk?." The Accounting Review 88.4 (2013): 1143-1177. Christensen Hans B. and Valeri V. Nikolaev. "Does fair value accounting for non-financial assets pass the market test?." Review of Accounting Studies 18.3 (2013): 734-775. Crockett Michael and Muhammad Jahangir Ali. "Auditor independence and accounting conservatism: Evidence from Australia following the corporate law economic reform program." International Journal of Accounting & Information Management 23.1 (2015): 80-104. Hirth Lion. "The market value of variable renewables: The effect of solar wind power variability on their relative price." Energy economics 38 (2013): 218-236. [...]

Order Description:

The project should include an answer to the next questions: • Why is it important to use the historic value and not the market value in accounting? • Why is it important that the persons that audit (check) the accounting of accompany remain independents (not related to the company)? Referring to Arthur Andersen. • Do you think that the accounting in Enron was approached the correct way? Why do you think that the people who work in accounting should be extremely ethical? The essay should include the following: - Arial 12, space between lines 1.5 - Introduction and conclusion - Minimum of 5 pages and maximum of 10 pages - You can use other sources of information. As long as they are from a university or a financial institution. All sources should be properly identified.

Subject Area: Accounting

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $30

Words 1100

Pages 4

Completed in 22 days

Expert antopro2

Client Review

Amazing work and excellent writer!

Positive
07.19.2017

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