Rumored Buzz on Harvard Case Study Analysis
Rumored Buzz on Harvard Case Study Analysis
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By this stage, Lay had acquired an anonymous memo from Sherron Watkins, an Enron vp who experienced become concerned about the Fastow partnerships and warned of attainable accounting scandals.
Mark-to-market place accounting authorized the company to write unrealized potential gains from some investing contracts into latest revenue statements, As a result offering the illusion of larger present-day revenue.
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