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Ethics issue of enron and worldcom accounting

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Reference no: EM1325295

During 2002, Enron corporation hid large liabilities from its balance sheet. Worldcom admitted to recording expenses as assets. Both companies tried to improve their financial appearance by window-dressing their financial statements. Is this an ethical issue? If yes, what is the ethical issue? Do research on these two companies.

Reference no: EM1325295

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