Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2002-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Creative Accounting: Fraud and the Enron Scandal

This chapter explores the topic of creative accounting and its negative impact on society by discussing how it goes against the principles of double entry bookkeeping and can be used for fraud. The Enron scandal is used as an example to highlight the consequences of a business culture gone wrong.

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