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Enron accounting fraud-business failure concealed by fraud

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Reference no: EM133290915

"Accounting Issues at Enron," The CPA Journal, Dec. 2002Links to an external site.

1. Was Enron an accounting fraud or a business failure concealed by fraud?

2. Enron extensively used fair value accounting. What prevents companies from abusing fair value accounting the way Enron did?

3. Did Enron's auditor fail or was the auditing firm a victim as well?

Reference no: EM133290915

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