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The Enron Collapse: Creative Accounting, Wrong Economics or Criminal Acts?

This is the shocking story of the collapse of America's seventh largest company. Founded in 1985, Enron soon expanded beyond imagination, venturing into new territories such as internet and using state of the art financial and technical solutions.In the 90s Enron operated the largest eCommerce business in the world. The company's revenues soared. What was $50 billion in revenue in 1999 doubled to $100 billion in 2000. The sky seemed the limit. Early in 2001 clouds appeared on the horizon. Enron's stock prices eroded from $90 to $40 by the end of July 2001. In mid-August, CEO Skilling resigned suddenly and whistleblower Sheron Watkins informed Kenneth Lay about questionable accounting practices.Stock prices continued to fall. In October of that year, Enron announced a downward adjustment to its results of $1 billion. Stocks nosedive to $12. In December Enron had to file for bankruptcy as stock prices dropped below one dollar.

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	Business The Financial Numbers Game: Detecting Creative Accounting Practices The Financial Numbers Game: Detecting Creative Accounting PracticesWiley; New Ed edition \| ISBN: 0471770736 \| 408 pages \| September 30, 2005 \| PDF \| 0.9 MbPraise for The Financial Numbers Game "So much for the notion
	Economics/Finances Economics of Accounting: Performance Evaluation Economics of Accounting: Performance EvaluationPublisher:Springer( 2005-07-29) \| ISBN-10: 038726597X \| PDF \| 6.3 Mb \| 664 pagesThis book provides an integrated, technical exposition of key concepts in agency theory, with particular emphasis ...
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