Enron,Enron기업분석,Enron분석,엔론,엔론분석

_SLIDE_1_ Enron Case _SLIDE_2_ OUTLINE Introduction Background Financial Reporting Issues Mark-to-Market Accounting Off-the-Books Entities Relatives and Doing Business Discussion _SLIDE_3_ INTRODUCTION Incorporated in Oregon in 1985 World’s largest energy company (2001) In Fortune Magazine’s 100 best companies to work for Downgraded company’s debt to ‘junk’ grade and Enron files for bankruptcy (2001) Enron Scandal _SLIDE_4_ OUTLINE Introduction Background Financial Reporting Issues Mark-to-Market Accounting Off-the-Books Entities Relatives and Doing Business Discussion _SLIDE_5_ BACKGROUND Kenneth Lay merged two gas pipelines, Houston Natural Gas and Internorth and formed Enron Became the largest energy trader in the world Online trading of energy a Wall Street for energy contracts Shares were selling at $85 each (2000) Unsuccessful diversification (Brazil and India) _SLIDE_6_ OUTLINE Introduction Background Financial Reporting Issues Mark-to-Mar…
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