Enrons Questionable Transactions And Arthur Andersens...

Course Project: Enron s Questionable Transactions and Arthur Andersen s Troubles Enron and â€Å"Arthur Anderson LLP (AA)† both started out as reputable companies, but in the end both became unethical (Brooks Dunn, 2015, p. 98). Many experts believe this was due to a paradigm shift in their â€Å"corporate cultures† (Brooks Dunn, 2015, p. 1-608). This shift in employee behavior can be observed from the many questionable strategies that Enron carried out with the enablement of AA. Therefore, this paper will examine the elements that contributed to Enron and AA’s demise through answering two sets of case study questions, provide a â€Å"current update on Enron and AA’s† condition, and will give a â€Å"final conclusion/recommendations for Enron† and AA (WBU, 2016). Thus, making this type of an examination should enhance the knowledge of both the academic and business communities. Elements that Contributed to Enron and AA’s Demise Through Answering two Sets of Case Study Questions (500-750 Words per Case study): (a)=Enron case study questions, and (b)=Arthur Andersen case study questions Q1. (a) The problem with this type of advice from the â€Å"board of directors† was that it allowed the formation of â€Å"Fastow partnerships† between Enron and â€Å"500 SPEs† (Brooks Dunn, 2015, p. 1-608; Powers Jr., Troubh,, Winokur, 2002, p. 2; Reinstein Weirich, 2002; Edelman Nicholson, 2011, p. 3). Unfortunately, this â€Å"alternative† still amounted to a â€Å"conflict of interest† by violating the â€Å"GenerallyShow MoreRelatedSummary of Facts of the Case Study3381 Words   |  14 Pages1.0 SUMMARY OF FACTS OF THE CASE STUDY After understanding the overall of case study, Arthur Andersen: Questionable Accounting Practice, we have identified a few facts. The following subsection will present the facts. 1.1 ARTHUR ANDERSEN Arthur Andersen LLP was founded in Chicago in 1913 by Arthur Andersen and partner Clerence DeLeny. Over a span or nearly 90 years, the Chicago accounting would became known as one of the â€Å"Big Five† largest accounting firms in the United States togetherRead MoreCase Study Enron Scandal5642 Words   |  23 PagesCASE 3 Enron: Questionable Accounting Leads to Collapse Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant Tilted ―Eâ€â€" in front, slowly revolving in the Texas sun. Enron‘s suggested to Chinese feng shui practitioner Meihwa Lin a model of instability, which was perhaps an omen of things to come. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt that had been concealed through a complex schemeRead MoreEnron Case1899 Words   |  8 PagesExecutives. Kenneth Lay, Andrew Fastow and Jeffrey Skilling sold significant blocs of company stock. e. Government figures. Lay had closed personal ties with the Bush family. Enron’s efforts influence policy making. 2. Looking at all the evidence, what do you believe were the 3 major internal causes of Enron’s collapse? Explain each briefly. a. They were hiding huge derivative losses that would have stopped its growth much sooner. b. The company manipulated their revenue figuresRead MoreMgmt 5590 Final3153 Words   |  13 Pagesserves as a kind of morality tale of corporations, regulators, and investors. As we have discussed in class, the tragic effects of Enron’s overreaching arrogance provide a textbook example of both the best and the worst of American business culture and practice. Although the catastrophe’s complete impact may never be completely determined, it seems likely that Enron’s collapse caused more than one major company to cease to exist, several industries experienced radically changed environments, regulators

History Now - 1070 Words

Due Date Tasks Friday, 2/3/2012 Begin Unit: Loyalty and Betrayal, Section A, Order and Chaos Order and Chaos: Introduction Section Warm-Up: Product Loyalty Loyalty vs. Betrayal Literary Elements: Symbolism Tutorial: Symbols and Symbolism Reading 1: Two Kinds, by Amy Tan Practice: Symbolism Loyalty and Betrayal Theme Quiz, 40 points Friday, 2/10/2012 Begin Unit: Loyalty and Betrayal, Section B, Context Context: Introduction Section Warm-Up: A Context Riddle Reading 2: from Communists in the State Department, by Sen. Joseph McCarthy Exploring the Context of Senator McCarthy’s Speech McCarthy Era Self-Check Context Clues More Root Words Loyalty and Betrayal Context Quiz, 40 points Friday, 2/17/2012 Begin Unit:†¦show more content†¦Kennedy Vocabulary: Time and Space Words Tutorial: Greek and Latin Roots Memory Game: Vocabulary Practice Friday, 5/4/2012 Into the Future Quiz, 33 points Begin Unit: Time, Section D, Reading Longer Fiction Section Warm-Up: A Lady Named Bright Sci-Fi Reading 6: The Time Machine, by H. G. Wells Writing: Creative Writing 100 points The Time Machine Quiz, 40 points Time Unit Exam, 98 points Begin Unit: Justice and Injustice, Section A, Lady Justice Friday, 5/11/2012 Section Warm-Up: Images of Lady Justice Where do our Ideas of Justice and Injustice Originate? Reading 1: The Code of Hammurabi Reading 2: The Universal Declaration of Human Rights Categorize Game: Comparing Ancient and Modern Ideas of Justice Lady Justice Quiz, 30 points Begin Unit: Justice and Injustice, Section B, Research Section Warm-Up: Why Is the Sky Blue, Mommy? Research: A Researchable Question Friday, 5/18/2012 Research: Deciding on a Researchable Question Research: The Process Research : Creating Note Cards How Many Sources?Show MoreRelatedHistory of Corrections: from Then to Now1809 Words   |  8 PagesRunning head: HISTORY OF CORRECTIONS History of Corrections: From Then to Now Kris L. Sullivan Colorado Technical University Online A Paper Presented in Partial Fulfillment Of the Requirements of Corrections Solutions January 14, 2008 Abstract The U.S. corrections system, a subdivision of the criminal justice system, continues to undergo change. From its beginnings as laws written in stone, the corrections system has sought to punish offenders. The origin ofRead MoreAmerican History: America Now and Then2171 Words   |  9 PagesAmerica: Now and Then Humans have a tendency to to change with time. Human are the most intelligent creatures and can adapt and survive in any environment. People evolve as time changes. It is human nature to want for new things and new change. United States changed a lot since the mid-1400s till today. Some are good, some are bad. But even though change is inevitable, there are lot things that are still common. Some things never change. From the time Columbus discovered America till today, a lotRead MoreEssay about Womens History Then and Now1572 Words   |  7 PagesDuring the 18th and 19th century, patriarchy has been responsible for designing women’s role in society. Throughout history, men have been deemed as superior while women have been regarded as inferior. Society has this ideology that women are the sole laborers of a household; they were not granted the same privileges as men. In addition, women have been negatively affected by stereotyping. Women have been portrayed on television as b eing submissive to men. The depiction of women on television portraysRead More Sexist Attitude in Joseph Conrads Heart of Darkness Essay856 Words   |  4 PagesKurtz activities in the Congo are now to be seen as an adventure designed to bring him back to civilization as a morally and economically enriched being. This, Marlowes comrades are told (and by extension, the men who are reading the novel), is mere female bogus: just as the Romans who, Kurtz-like, entered a savage Britain two millenia ago, we (the male readers) have to be men enough to face the darkness. (Conrad 7) Just as the shaping of history, and History itself, as Chinua Achebe has pointedRead MoreHistory. From Slavery Until Now, Ghana Is Considered One1875 Words   |  8 PagesHistory From slavery until now, Ghana is considered one of the farthest growing country in the continent of Africa because of several reasons. Ghana enters the historical data by the end of the 8th century, through the narrative of Muslims traders traced to the desert by the profitable exchange for gold by its leaders. Nevertheless, after the six centuries the exchange attracted the Portuguese sailors down to the coastline of Guinea. In addition, this led to the Trans-Saharan trading and the IslamicRead More Film Essay - Cultural Turmoil in Francis Ford Coppola’s Movie, Apocalypse Now1637 Words   |  7 PagesCultural Turmoil in Francis Ford Coppola’s Apocalypse Now The era of the 1960’s was one of change, just like so many of the enduring songs say. With words like revolution and freedom being used to promote movements that changed our society forever. The most important being the Civil Rights movement, and arguably the most influential: the sexual revolution. While great new ideas and beliefs were starting to take root, morals and social constructs that had been established were endangeredRead MoreAnalysis Of The Book Heart Of Darkness 706 Words   |  3 PagesMarlow vs. Willard The stories in the book Heart of Darkness, by Joseph Conrad and the movie Apocalypse Now directed by Francis Ford Coppola are very similar. The main characters in both are similar, but do have their differences, like who they were before they took the job, the settings they were put in, . Before we can compare the characters, we have to compare the stories first. Apocalypse Now was inspired by the story Heart of Darkness. Even though Coppola based his movie off of Conrad’s storyRead More Transformation in Heart of Darkness and Apocalypse Now Essay1685 Words   |  7 PagesTransformation in Heart of Darkness and Apocalypse Now      Ã‚  Ã‚  Ã‚   Since Francis Ford Coppola’s   Apocalypse Now was based on Joseph Conrads novel, Heart of Darkness, it is possible to draw many parallels between the two works. Both can be interpreted as metaphors for a journey through the inner self, and each has its own particular message to convey. In many ways they also appear to have similarities to Arthurian Legend, in particular the quest for the holy grail, and other allegorical journeyRead MoreEdward R Murrow Essay988 Words   |  4 PagesEdward R. Murrow was the most influential figure in the history of broadcast journalism. Egbert Roscoe Murrow was born on April 25th, 1908 on a small farm in Polecat Creek, North Carolina, which is located near Greensboro, North Carolina. His family moved to a small town near the Canadian border in Washington State when he was six years old. When he was in high school, he changed his name to the now iconic Edward R. Murrow. (Bernstein 40) I found that Mr. Murrow had three utmost important topicsRead More Marlow Vs. Willard Essay1083 Words   |  5 Pagesthat would make them alike and different. Marlow, from the novel Heart of Darkness, was a man who was on a mission through Cambodia to find Kurtz. Captain Willard, from the movie â€Å"Apocalypse Now†, was a man on a mission to exterminate a fellow member of the United States Armed Forces, Kurtz. â€Å"Apocalypse Now† is a Vietnam parallel of the novel Heart of Darkness. While both these men were on a search for a man, they both went through many difficult hardships on the way. Both of the men had different

Civil Disobedience in an Unjust America Free Essays

Ahmed Syed Professor Ravy Eng 112-536 04/27/2010 Civil Disobedience in an Unjust America According to the infamous essay by Henry David Thoreau, civil disobedience is the conscious and intentional disobeying of a law to advance a moral principle or change government policy. Throughout the essay, Thoreau urges the need for individuals to put their personal and social consciousness before their allegiance to their government and its range of policies. Thoreau believed that if a government is unjust, citizens should simply refuse to follow the law and eventually begin to distance themselves from their government in a variety of ways. We will write a custom essay sample on Civil Disobedience in an Unjust America or any similar topic only for you Order Now Although published 105 years one of the most turbulent and crucial times in American history, the leaders of the Civil Rights Movement saw the congruence between their plight and the teachings in Civil Disobedience. The protests led by legendary activist Martin Luther King and the watershed event of Rosa Park’s infamous bus ride were just two instances in which civil disobedience came to fruition in modern day America. The following quote by Thoreau laid the groundwork for the basis of the actions of many civil rights activists, King and Parks included, â€Å"I think that we should be men first, and subjects afterward†¦ The only obligation which I have is the right to do what I think right. † (Civil Disobedience 475). The aforementioned quote reveals Thoreau’s belief that it was a citizen’s obligation to withdraw from participating in an unjust and evil government and gives support to future opposition to the American Government as scene during the 1950s and 1960s. Thoreau argues on several issues throughout his essay which include disassociation and reform, however one overarching and undeniable argument that is present throughout his essay is that the American government is an unjust government that must be corrected. This belief was also held by civil rights activists. Through this research paper, the foundation of Thoreau’s ideas and their penetration into modern American history will be explored. The social context surrounding Thoreau and his work includes two prevalent issues: slavery and The Mexican-American War. During the 1840s, when Civil Disobedience was published, the North and South were at odds over the issue of slavery. During the same time, many Americans also believed it was their â€Å"manifest destiny† to claim parts of Mexico as the United States. Based on these two issues, Thoreau argues that the United States is an evil and unjust government. Thoreau and Paul Power’s Civil Disobedience as Functional Opposition both argue that if the government were not evil in its objectives and agenda then the idea and practice of civil disobedience would not have been needed nor created. According to Powers, â€Å"due the established evil of our government, there are both moral and ideological grounds for justifying civil disobedience,† (Powers 37). This is because civil disobedience is a reaction to unjust government. Although many argue against civil disobedience by saying unjust laws made by a democratic legislature can be changed by a democratic legislature and that the existence of lawful channels of change make civil disobedience unnecessary, Thoreau and Powers would argue that the constitution and said laws are the problem, not the solution. According to Thoreau, governments are often â€Å"abused and perverted† (Civil Disobedience 249) so that they no longer reflect the needs and opinions of the common people. The American government showcased the aforementioned abuse and perversion during Thoreau’s time in their partaking in the Mexican-American War. The main objective of the war was the take land from Mexico in order to create a larger and more powerful America. According to Thoreau, the American government achieved these objectives through an unfair armed conflict that was reminiscent of the long arm of European monarchies Thoreau also argued that the American government was unjust in its total support of slavery. Thoreau believed that citizens of the United States must stop slavery and the war with Mexico, even if it costs them their existence as a people. In order to truly make his arguments effective, Thoreau used ethos and pathos to persuade the people of his era. His use of ethos is evident throughout the entire essay. Thoreau establishes that he is a credible source as he himself has practiced civil disobedience and has been imprisoned for doing so. Thoreau says, â€Å"I have paid no poll-tax for six years. I was put into jail once on this account, for one night; and, as I stood considering the walls of solid stone†¦I cold not help being struck with the foolishness of that institution† (Civil Disobedience 249). In the aforementioned quote, not only does he build his own credibility as a sort of martyr for his cause, but he discredits the opposition, the government. Thoreau engages the audience by way of pathos as he speaks on such an emotional level about pressing issues that almost every American had an opinion on, the war and slavery (Civil Disobedience 243. Thoreau’s use of ethos and pathos was so successful and convincing that that it resonated with Americans over 100 years later. Thoreau’s teachings helped to form and energize the American civil rights movement. His ideas and teachings were applied to sit-ins at lunch counters, the freedom ride to Mississippi, peaceful protests in Georgia, and the bus boycott in Montgomery, Alabama. All of these defining mo ments were the outcome of Thoreau’s insistence that â€Å"evil must be resisted and that no moral man can patiently adjust to injustice† (Thoreau 244). Thoreau also uses sensory imagery to convince and reach his audience in the following quote: â€Å"If the injustice has a spring, or a pulley, or a rope, or a crank, exclusively for itself, then perhaps you may consider whether the remedy will not be worse than the evil†¦Let your life be a counter friction to stop the machine† (Civil Disobedience 248). This quote applies Thoreau’s somewhat abstract theories and ideas about evil and injustice to tangible and common objects, allowing all members of his audience to understand the major arguments of his essay. The use of the concrete words machine, spring, pulley, rope, and crank allow Thoreau’s audience to take what he is saying and apply it to common processes and mages that they understand because they are parts of their common and everyday lives. Columnist Bob Herbert, of the New York Times, recently wrote an article about Martin Luther King’s opposition to the Vietnam War, which can be compared with Thoreau’s thoughts on the Mexican-American War. Herbert cited King as saying the United States Government, in regards to their war efforts was, â€Å"Corrupt, inept, and without popular support,† (Herbert 2010). Herbert went on to further to say, â€Å"Dr. King spoke about the damage the Vietnam War was doing to America’s war on poverty, and the way it was undermining other important domestic initiatives. What he wanted from the U. S. was not warfare overseas but a renewed commitment to economic and social justice at home. As he put it: â€Å"A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death,† (Herbert 2010). Not only did King agree with Thoreau on the social, piritual, and moral wrongs of war, but he also practiced civil disobedience and was sent to jail just as Thoreau was. In April of 1963, King was imprisoned in Birmingham, Alabama for his participation and leadership of the Birmingham campaign, a planned non-violent protest conducted by the Alabama Christian Movement for Human Rights and King’s Southern Christian Leadership Conference against racial segregation (King). Wh ile imprisoned, King wrote a Letter from a Birmingham Jail, which is equivalent to Thoreau’s Civil Disobedience in that he demonstrated that he was in Birmingham in the first place because injustice resided there. Within the letter he also stated the sole reason for his imprisonment was for protesting those injustices. Letter from a Birmingham Jail was the root of King’s views on civil disobedience. As the primary leader the Civil Rights Movement, King was known for his views on the value of civil disobedience as a way to achieve political attention and change, similar to Thoreau. Specifically, King studied and used methods of Thoreau’s civil disobedience to combat and change segregation laws. King’s thoughts on civil disobedience raised similar theoretical questions to Thoreau’s about the relationship between an individual, their government, and one’s moral and political duties in upholding their personal social contract with the US government (Melendez). Within the letter, King utilizes the same ethos and pathos that Thoreau used 100 years earlier. King builds his credibility and rapport by explaining himself as a reliable, competent, activist who has the utmost respect for his audience’s ideas and values. This can be seen as he writes, I am in Birmingham because injustice is here. Just as the prophets of the eighth century B. C. left their villages and carried their â€Å"thus saith the Lord† far beyond the boundaries of their home towns, and just as the Apostle Paul left his village of Tarsus and carried the gospel of Jesus Christ to the far corners of the Greco-Roman world, so am I compelled to carry the gospel of freedom beyond my o wn home town. Like Paul, I must constantly respond to the Macedonian call for aid† (Letter from a Birmingham Jail 207). In conclusion, while Thoreau and his disciple Martin Luther King Jr. ncourage the need for individuals to correctly and justly prioritize their individual conscious and the laws of their government, they essentially argue that the reason for the institution of civil disobedience is because the American government is and will always be an unjust government. Thoreau believes this is true not only because of their involvement in the Mexican-American War and their firm support of slavery, but because the American government’s actions are derived from the needs, opinions, and desires of a small group of citizens who fail to represent the majority. How to cite Civil Disobedience in an Unjust America, Papers

Classical And Baroque Music Essay free essay sample

The difference between Baroque and classical music begins with the era that they came into transition. Baroque music emerged in Italy during the renaissance period between 1600 and sasss. Baroque orchestras are small in size and the use of the harpsichord (harp) is popular in this style of music. Baroque requires the use of many string instruments such as; the violin, violoncello, viola, and contrabass. The organ and flute were also among the instruments used to create baroque music.Bachs Brandenburg Concerto Is a prime example of music created during the Baroque period. Classical music emerged In Europe In the mild-17th century. It Is a bit lighter and clearer than Baroque music, and uses more dynamics such as; the pianoforte (piano). Unlike Baroque orchestras, classical orchestras use woodwind, brass, and percussion instruments, and the use of the harp diminished during this era. The clarinet, bassoon, trumpet and timpani along with piano were added to the orchestra. We will write a custom essay sample on Classical And Baroque Music Essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Classical orchestras are larger In size than those or Baroque orchestras, ND the rhythm and tone differ, however the orchestras string Instrumentation Is very similar as is the harmonic structure. It is believed that the formation of classical music requires more intellect and training than that of Baroque or modern music. Classical music has more complexity and form, with certain patterns, contours and stresses; as does the music of Mozart. Wolfgang Amadeus Mozart was a talented composer and pianist of the classical era.Mozart music had a bold expression with complexity and depth. He composed many sonatas, symphonies, masses, concertos and operas. Johann Sebastian Bach of German descend, was a multivalent composer and musician. He was a well-known organist, pianist, violinist, harpsichordist, of the Baroque era. Mozart music is deferent than that of Bachs in the sense that the orchestras defer in size and Instrumentation. The rhythm and melody of each Is unique In Its own way, and each has a different effect on the listener.Classical music tends to affect the serotonin levels In the brain, causing a feeling of Joy. A release of tension is said to occur while listening to classical music and an increase in cognitive skills has been reported in prior studies, in fact, classical music is said to enhance spatial Q. Rhythm and melody, two essential components of music, tend to affect me the most when listening to music. The melody of Mozart music relaxes me. I feel as if it heals my body and boosts my spirit; as If the music provides a release of tension. The harmony of classical music Is also very relaxing, almost as If I can picture myself n a field of tall grass and wild flowers and the wind blowing softly. Both Baroque and Classical music synchronize emotions of relaxation. Mozart and Bachs music differ from modern music in a sense that modern music is more upbeat with a pop style to it. Modern music does not provide a proper balance of rhythm and melody as does classical and baroque. Modern music is not based on form, unlike Mozart music that Is based mostly on form. Modern music gives an Impression of temperament significance than modern music today.