Accounting/Finance Lessons of Enron: A Case Study

H. Bierman, ACCOUNTING/FINANCE LESSONS OF ENRON: A CASE STUDY, World Scientific, 2008

Johnson School Research Paper Series No. #41-09

2 Pages Posted: 9 Sep 2009 Last revised: 26 Oct 2009

Harold Bierman

Cornell University - Samuel Curtis Johnson Graduate School of Management

Date Written: May 15, 2008

Abstract

There is a great deal of confusion regarding the factors that led to Enron’s collapse. This important book addresses this problem by providing a coherent explanation of the accounting and finance problems associated with the collapse. The Skilling-Lay trial, as it is related to accounting or finance issues, is critically described as well. Through its well-balanced take on events surrounding the trial, the book therefore enables readers to analyze the validity of the arguments offered by the U.S. attorneys.

Contents: The Enron Success and Failure; Enron as of 31 December 2000; First Six Months of 2001: Before the Storm; Sherron Watkins’ Letter to Kenneth L. Lay; The Clouds Burst; The 100-Year Flood; JEDI and Chewco: Not the Movie; LJM1 and Rhythms; LJM2 and Raptors I and III; LJM2 and Raptors II and IV; Other Transactions; The Collapse; The Indictment of Lay and Skilling; The Trial; A Slice of the Skilling-Lay Trial; The Skilling-Lay Trial: Fair or Foul?; Mark to Market Accounting: Feeding the Growth Requirement; Concluding Observations.

Readership: Students and academics in accounting, finance, law and banking; accountants, lawyers, board members and finance people, and general public.

Keywords: Enron, Skilling-Lay Trial, Mark to Market Accounting, Collapse of Enron, Fastow, Jeff Skilling’s Conviction, Special Purpose Entities (SPEs)

Suggested Citation

Bierman, Harold, Accounting/Finance Lessons of Enron: A Case Study (May 15, 2008). H. Bierman, ACCOUNTING/FINANCE LESSONS OF ENRON: A CASE STUDY, World Scientific, 2008; Johnson School Research Paper Series No. #41-09. Available at SSRN: https://ssrn.com/abstract=1469935

Harold Bierman (Contact Author)

Cornell University - Samuel Curtis Johnson Graduate School of Management ( email )

Ithaca, NY 14853
United States

Paper statistics

Downloads
636
Rank
32,301
Abstract Views
2,204