Ethical Dilemma in Accounting for Enron

Ethical Dilemma in Accounting for Enron

Introduction

Ethical dilemmas have greatly changed in business lives since the great Enron, Xerox, and other large businesses proposed enormous revenues representing profits of billions of dollars and yet in reality they were experiencing bankruptcy. This type of firms faces great many troubles with the state and federals for manipulating financial reports. However, not only companies like Enron were involved in these unethical actions, but accounting entities can also be blamed for this since they are also as much the part of it as the company itself (Lawrence & Weber, 2010). The ...