• Mar. 14, 2002: Enron's law firm faces House panel in the matter of the firm's off-the-book partnerships and accounting practices. ... The policy was legal, however it was extremely unethical. ... Arthur Andersen was hired to both audit and consult with Enron, but when Arthur Andersen's fees reached millions of dollars, several Arthur Andersen employees resigned from their jobs. Enron then hired on the same Arthur Andersen employees to continue managing their affairs. This is a huge, unethical conflict of interest. ...

• Word Count: 1674
• Approx Pages: 7
• Grade Level: High School

Enron Lapses in Ethical Decision Making Enron Lapses in Ethical Decision Making In today's current day society, when the word "Enron" is mentioned, the first thought that comes out of people's minds is un-ethical, lack of leadership, and financially corrupt. These are the three reasons...

• Word Count: 2824
• Approx Pages: 11
• Grade Level: High School

At the time of merger the company was seen to be in debt and hence a financial consultant name Jeffery Skilling was hired and was asked to come up with a solution to get rid of this massive debt. ... The entire story left public to think the behind the ethical practices of the corporate itself. ... However Enron was the most unethical company with their executives were seen greedier and have forgotten to follow any such rules and regulations that has been set to the corporate. ...

• Word Count: 1320
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Many nonprofit firms reviewed their current practices after the adoption of Sarbanes- Oxley in 2002 in order to improve internal control processes and increase liability in the donor's view. ... Even though all systems of internal control are different, 'core philosophies regarding financial integrity and accounting practices have become standard management practices' (Commission, n.d.; Delaware, n.d.; Investopedia, n.d.... Nonprofits are connected with unethical behavior and they are not trusted anymore. ...

• Word Count: 3851
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate