Kenneth Burke

This paper provides prescriptive ethical judgement as to the actions made by Sherron Watkins, a CPA and “former VP of Enron(6)”, which caused the corporation to collapse. In summary, Watkins during her term of office became aware of “accounting irregularities” within the company’s accounting records. These irregularities were of such significant materiality, that if left alone, would result in immense public deception, fraud, and potential regulatory consequences. Seeming to have developed a…

The conflict between Israel and Palestine has been going on for the almost a century. It initially started when the Zionist Jews immigrated to Palestine in hope of finding a land to create a Jewish state. As more and more Jews came to the area, fighting between the Jews and the native Palestinians broke out. The future Israeli Prime Minister Menachem Begin said, “As in Deir Yassin, so everywhere, we will attack and smite the enemy. God, God, Thou has chosen us for conquest.”…

Staring leading actor Matt Damon, the 2012 film Promised Land follows two corporate sales partners Steve Butler and Sue Thomason of a natural gas company who experience life-changing events after arriving in a small town where his cooperation wants to drill underground through a process called fracking into the available resources. This drama film portrays everyday economic issues of how big cooperation’s and townspeople deal with conflicts within their community. Throughout this film, it…

On July 21, 2002, WorldCom, one of the nations leading companies in Telecommunications, filed for bankruptcy and exposed an $11-billion-dollar fraud, making it one of the largest in all time. Spearheading the scandal were six employees, Bernard Ebbers the CEO, Scott Sullivan the CFO, David Myers the accounting controller, Buddy Yates the Accounting Director, and Betty Vinson and Troy Norman the accountants. The scandal went to federal trial, and after six days of jury deliberation, all six of…

The Sarbanes Oxley Act of 2002 which was also called SOX was published by the Congress in 2002 to protect investors’ interest (SOX, 2002). After the enactment of SOX, corporate financial reporting was more strict and normative. However, there were a lot of accounting scandals before 2002. And the Enron scandal attracted the most public attention of all the scandals. Enron was created in 1985 and was one of the largest energy companies around the world. However, in 2001 and 2002 the company was…

West Texas A&M University Bertrand Russell once said, “The good life is one inspired by love and guided by knowledge.” This means that you can be inspired by anything that you love, but you will only get places from your knowledge. West Texas A&M University, West Texas State Normal College, is ranked number 1 Best Online Bachelor's in Public Health / Health Science, and will help me learn and succeed in a future in the medical field. West Texas A&M is a public University located on 2501 4th…

a company as big as Enron became bankrupt at its peak? Similar to their accounting practices, by doing the improbable. Motivated by the amount of money he could make because of deregulation or having the government not meddle with energy prices, Kenneth Lay founded Enron as a gas company in 1985 (Enron). Lay was an advocate of deregulation and he used his position and contacts in the government as leverage. He was fascinated with the amount of money he could make in the energy business with this…

one of the five biggest review and bookkeeping associations on the planet. Notwithstanding being the biggest insolvency redesign in American history around then, Enron was refered to as the greatest review failure.[1] Enron was framed in 1985 by Kenneth Lay subsequent to combining Houston Natural Gas and InterNorth. Quite a long while later, when Jeffrey Skilling was employed, he built up a staff of administrators that, by the utilization of bookkeeping escape clauses, extraordinary reason…

According to Accountingdegree.org, the Waste Management Inc. Scandal was included in “The Top 10 Worst Corporate Accounting Scandals of All Time.” Waste Management formed in 1894 by Larry Beck and it has grown tremendously over the years. What began as an idea, sparked from one person hauling garbage in a wagon, soon turned into a successful production that currently provides service to over 20 million customers. The industry states it “Partners with it’s customers and communities to manage…

There are many significant elements in film that one may overlook. Funnel: Released in 2009, the the Royal Shakespeare Company’s production of Hamlet, staring David Tennant, is film stays true to the plot, all while having a modernistic twist. In an uncommon way to view the film, a stylistic choice was made to illustrate madness and create a viewpoint for the film, all by implementing cameras into the film. Whether security cameras or personal ones, director Gregory Doran finds creative ways in…