Subject category:
Finance, Accounting and Control
Published by:
International Institute for Management Development (IMD)
Version: 14.04.2004
Length: 26 pages
Data source: Published sources
Abstract
This case charts the collapse of Enron, examines the role of various parties including senior management, the board and the auditors. It also looks at the complex structures and accounting policies used to artificially inflate both revenues and profits, and to conceal these from shareholders and others. It brings out key learning points on risk management, corporate governance, ethics and controls of a complex enterprise.
Teaching and learning
This item is suitable for postgraduate and executive education courses.Time period
The events covered by this case took place in 2001.Geographical setting
Region:
Americas
Country:
United States
Featured company
Enron
Turnover:
USD 100 billion
Industry:
Energy
About
Abstract
This case charts the collapse of Enron, examines the role of various parties including senior management, the board and the auditors. It also looks at the complex structures and accounting policies used to artificially inflate both revenues and profits, and to conceal these from shareholders and others. It brings out key learning points on risk management, corporate governance, ethics and controls of a complex enterprise.
Teaching and learning
This item is suitable for postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2001.Geographical setting
Region:
Americas
Country:
United States
Featured company
Enron
Turnover:
USD 100 billion
Industry:
Energy