Enron Accounting Checks And Balances Securities Fraud
If Enron’s meteoric rise was a case study in New Economy success stories; its collapse is a lesson for investors, accountants, analysts, regulators and politicians. Already, some of the country’s largest companies, including General Electric and IBM, have announced that they will provide more transparency in their accounting. Others are expected to follow. Could this mean permanent changes in financial reporting and regulations, or is this a short-term solution until Enron fades from the headlines?...