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Identify situations that might lead to unethical practices and behavior in accounting

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Identify situations that might lead to unethical practices and behavior in accounting.;The unethical practices and behavior in accounting would be misleading financial analysis for personal gain, misuse of funds, overstating revenue, and understating expenses, overstating the value of corporate assets or underreporting the existence of liabilities, sometimes with the cooperation of officials in other corporations or affiliates. Other unethical practices would be insider trading, securities fraud, bribery, kickbacks and manipulation of the financial markets.;ENRON: The example of the Impact of Unethical Behavior Article Analysis;Enron Corporation was an American energy company based in Houston, Texas. Enron employed around 21,000 people and was one of the world?s leading electricity, natural gas, pulp and paper, and communications companies. Enron reported financial condition was sustained mostly by institutionalized, systematic, and planned accounting fraud. There were rumors of bribery to secure Contracts in Central America.;There were several reports of involving irregular accounting procedures bordering on

 

Paper#20943 | Written in 18-Jul-2015

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