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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 (VIE’s) have gained wide attention due to the company Enron. Based on this weeks reading and weekly lecture:
- Explain what VIE’s are and what part did VIE’s play in the collapse of Enron?
- Does the Walt Disney Company have any VIE’s? Who are they, where are they located and how does the company account for the VIE’s?
- Review the following company VIE’s and comment on the accounting application of the entity:
- General Electric
- ConAgra Foods
- Time Warner
- Allegheny Energy
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A VIE is a variable interest entity which is an entity that lacks one or more of the three traditional characteristics of a separate entity the power ...
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Business Ethics Ethical Decision Making & Cases
Authors: O. C. Ferrell, John Fraedrich, Linda Ferrell
8th Edition
1439042233, 978-1439042236
