Key Players
Who was the CEO of Enron during the time of the scandal?
Who is Kenneth Lay?
What Accounting Principle is Mark to Market Accounting The Alternative Of?
What Is Historical Cost Accounting?
In what year did Enron file for bankruptcy, leading to its eventual collapse?
What is 2001?
Which Accounting Firm Enron famously shredded documents related to the Enron scandal?
Who is Arthur Andersen?
What accounting technique did Enron use to inflate its profits and hide its debt artificially?
What is mark-to-market accounting?
Which accounting firm audited Enron's financial statements and was heavily criticized for its role in the scandal?
Who is Arthur Andersen?
Who was the CFO of Enron and considered the mastermind behind the fraudulent accounting practices?
Who is Andrew Fastow?
Enron created off-the-books entities known as what, which were used to manipulate financial statements?
What are special purpose entities (SPEs)?
The Enron scandal led to the implementation of what corporate governance law aimed at preventing similar accounting fraud in the future?
What is the Sarbanes-Oxley Act?