1. What are some of the limitations of financial statement analysis highlighted by Enrons success...
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Accounting
1. What are some of the limitations of financial statement analysis highlighted by Enrons success in sustaining its fraud over a long period?
b) What role did the SOX Act provision play in the HealthSouth fraud?
2. Discuss the reasoning behind Scrushys overstatement of the impact of changes in Medicare reimbursement?
b) What elaborate financial engineering technique was disclosed in the footnotes of Parmalats Brazilian unit; and how did it affect shareholders equity, and why is the technique an example of hedging?
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