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The Enron scandal was defined as being one of the biggest audit failures of all time. The scandal included utilizing loopholes that were found within the GAAP (General Accepted Accounting Principles). For auditing a large-sized company such as Enron, the auditors were criticized for having brief meetings a few times a year that covered large ...
A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals).
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Accounting scandals (1 C, 74 P) C. Corporate scandals by country (3 C) E. ... 2003 mutual fund scandal; 2009 Peanut Corporation of America recall; 2015 FIFA ...
Enron logo. The Enron scandal was an accounting scandal sparked by American energy company Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, which led to the dissolution of its accounting firm, Arthur Andersen, previously one of the five largest in the world.
Accounting scandals (1 C, 74 P) E. Enron scandal (1 C, 23 P) M. ... Wells Fargo cross-selling scandal; Ron Wilson (American politician) This page was ...
Ideally, CFOs should approach the accounting process ethically, but there are currently two high-profile scandals with finance chiefs in the spotlight—but for different reasons. While one CFO ...