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Variable Interest Annuities (VIEs) have gained wide attention due to the company Enron. Based on this weeks reading and weekly lecture: Explain what VIEs are
Variable Interest Annuities (VIEs) have gained wide attention due to the company Enron. Based on this weeks reading and weekly lecture:
- Explain what VIEs are and what part did VIEs play in the collapse of Enron?
- Does the Walt Disney Company have any VIEs? Who are they, where are they located and how does the company account for the VIEs?
- Review the following company VIEs and comment on the accounting application of the entity:
- General Electric
- ConAgra Foods
- Time Warner
- Allegheny Energy
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Auditing And Assurance Services
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
16th Global Edition
1292147989, 978-1292147987
