International Accounting Standards After Enron And WorldCom

Abstract: This 16 page paper discusses three questions. First, what happened at Enron and WorldCom? What went wrong? Data are included in this section. The second issue has to do with the accounting standards and discusses the SEC, FASB, GAAP and auditing committees. The last section in the paper talks about the changes in international accounting standards since Enron and WorldCom. Discussion includes the International Accounting Standards Board and examinations that are taking place in the European Union and in the United Kingdom. The position of the U.S. in terms of international standards is also presented. Bibliography lists 12 sources.

Filename: PGenstw.rtf

Pages: 16

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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