1. Enron and the Sarbanes Oxley Act
... a large conflict of interest (Jickling). Enron created Special Purpose Entities (SPE's), otherwise known as off-book partnerships, and the executives used these partnerships to hide their large amounts of debt as well as record profits by taking out large loans in the SPE's name to purchase assets and conduct business without ever reporting the liability of debt on their balance sheet (Buckstein ... for more money ends up clouding their good judgment and results in bad ethical decisions, and deceptive accounting procedures (Jickling). Now that its clear how and why Enron falsified their...
- Word Count: 3410
- Approx Pages: 14
- Has Bibliography
- Grade Level: Graduate