X hits on this document

Powerpoint document

Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 110 / 352

1535 views

0 shares

1 downloads

0 comments

110 / 352

110

© D.L. Crumbley

Falsification

Enron’s crude oil trading operation based in Valhalla, New York was fictitious, according to one auditor.

“It was pretend. It was a playhouse. There were a lot of expensive people working there, and it was impressive looking, but it wasn’t legitimate work.

The traders were keeping two sets of books, one for legitimate purposes – to show Enron and auditors from Arthur Andersen – one other set in which to record their ill-gotten gains.

Source: Mimi Swartz and Sherron Watkins, Power Failure, New York: Doubleday, 2003, p.31.

Document info
Document views1535
Page views1556
Page last viewedSun Dec 04 23:23:35 UTC 2016
Pages352
Paragraphs4554
Words31092

Comments