Prior research has documented the continued existence of an expectation gap, defined as the divergence between the public's and the profession's conceptions of auditor's duties, despite the auditing profession's attempt to adopt standards and practices to close this gap. In this paper, we...

This work deal with a sensitive subject for the economist: The Enron case, the star of American capitalism, that invoke the protection of the bankrupt law and disclose to their stockholders ,wage workers and the rest of the world more than fifty deviations in relations of the supposed...

The paper examines the red flags that might have signaled the collapse of Enron Corporation which an astute reader should have noted. Various financial models that can detect earnings manipulation and inflation of assets and revenues have been applied in this examination. The paper links the...

In recent years we have been inundated with news of corporations under investigation because of questionable accounting practices. In the worst case scenarios, companies such as Enron have gone bankrupt and ceased to exist because of lack of oversight and controls. Greedy high-level executives...