Some aggressive accounting practices are entirely legal ... The most noticeable examples of gross revenue reporting occurred in the late 1990s. Energy trading companies such as Enron, Dynegy ...

Despite continued legislation, ethics continues to play an important role in the field of accounting. Prior to 1929, there were no official standards for accounting practices and ethics.

A few examples of these characteristics follow ... The key is to structure the accounting practice to maximize revenues (and profits), and this needs to be done with respect to select clienteles.

It also examines how accounting practices and processes ... and motivations individual decision-makers have. Take the example of two companies, company ABC Corporation and DEF Inc., which have ...

Examples include overstating revenue ... The case, along with the Enron scandal, led to increased scrutiny of accounting practices and the development of the Sarbanes-Oxley Act of 2002, a law ...

Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial reporting to clear and regulated standards. In the United States ...