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Enron's fraudulent practice of hiding its losses in undisclosed offshore accounts was a perfect example to illustrate the importance of consolidating financial statements of all
Enron's fraudulent practice of hiding its losses in undisclosed offshore accounts was a perfect example to illustrate the importance of consolidating financial statements of all affiliated corporations. Please look up info of Enron and other accounting fraudscandals since then. Do you find any household name corporations in your research? How did that corporation commit accounting fraud?
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