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Enron also didn't violate GAAP so by your definition, no financial wrongdoings...
by turtlesdown11 4mo ago
Enron also didn't violate GAAP so by your definition, no financial wrongdoings...
- linkregister 4mo agoThe essence of the Enron scandal was the perpetration of accounting fraud. It took down Arthur Andersen. We went from the "Big 5" accounting firms to the "Big 4" because of this. They very much violated GAAP. https://en.wikipedia.org/wiki/Enron_scandal https://en.wikipedia.org/wiki/Enron_scandal
- deleted 4mo ago[deleted]