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  1. business
  2. accounting
  3. in light of the market-to-market accounting that e

In light of the market-to-market accounting that enabled Enron to basically record any profit it...

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Accounting

  1. In light of the market-to-market accounting that enabled Enron to basically record any profit it wished to record, can you understand why some of the cornerstones of financial accounting are conservatism and recording transactions at historical cost?
  2. How did employees of Enron (and employees of the utilities company in Oregon) end up losing billions in retirement funds?
  3. You are a business student and will someday work for a company or own a business. How did watching this movie impact the way you intend to conduct yourself as an employee or owner?

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