The paper discusses the rise and fall of Enron Corporation and how the management used several accounting approaches to deceive stakeholders. It also addresses several measurement methodologies used by Coca-Cola Corporation to measure its assets, liabilities, equity, income, and expenses. The study established that the effective interest rate method is preferred when it comes to calculating amortization cost a financial instrument compared to the straight-line method.

Advanced Financial Accounting Assessment item 2 — Assignment

Write a report addressing mark-to-market accounting approach, special purpose entities, and stock options compensation scheme used by Enron's management.

Financial issues of Enron and Coca Cola, including accounting approaches and methodologies for measuring financial elements.

Financial Issues in Enron and Coca Cola Corporations: Accounting Approaches and Methodologies Used for Measurement

Finance

Leadership Management

Assignment on Advanced Financial Accounting - Doc

This article discusses the factors that led to the disintegration of Enron, including the funding of special purpose entities, the mark-to-market measure, and high compensatory allowances. It also compares the IFRS and GAAP standards and provides examples of financial statement components and measurement levels used by companies.

Factors that led to the disintegration of Enron and a comparison of IFRS and GAAP standards

Contracts

The report identifies and discusses the issues presented in the case study of Enron in the academic article given. It explains and discusses the issues such as mark-to-market accounting, role of special purpose entities and use of stock options by Enron’s management to manipulate its stock results. The report also analyzes the different ways by which five elements of financial statements are being measured in US GAAP and IFRS.

University of Chicago

Enron's Corporate Failure: Issues with Mark-to-Market Accounting, Special Purpose Entities, and Stock Options

This study evaluates Enron's strategies for misleading financial reporting objectives and measurement methodologies from other company's financial statements. It critically analyses the rationale for techniques employed by Enron and their impact on shareholders.

Advanced Financial Accounting: Enron's Misleading Financial Reporting Objectives

This report evaluates Enron's corporate failure and analyzes the differences in US GAAP and IFRS methods for measuring financial elements such as income, expenses, assets, liabilities, and equity. The report also provides a case study analysis of Enron's accounting practices.

Evaluation of Enron's Corporate Failure and Analysis of US GAAP and IFRS Methods for Measuring Financial Elements

This article discusses the role of mark to market accounting approach in Enron's fall. It also covers the use of special purpose entities and stock compensation scheme by the management of Enron. The second part of the article evaluates the measurement methodologies adopted by Apple Inc. for the five significant elements of financial statements. It also discusses the importance of examining the techniques deployed by companies to draw inferences on the numbers represented in the financial statements.

Financial Issues in Enron and Coca Cola Corporations: Accounting Approaches and Methodologies Used for Measurement

End of preview

Assignment on Advanced Financial Accounting - Doc

Factors that led to the disintegration of Enron and a comparison of IFRS and GAAP standards

Enron's Corporate Failure: Issues with Mark-to-Market Accounting, Special Purpose Entities, and Stock Options

Advanced Financial Accounting: Enron's Misleading Financial Reporting Objectives

Evaluation of Enron's Corporate Failure and Analysis of US GAAP and IFRS Methods for Measuring Financial Elements

Role of Mark to Market Accounting Approach in Enron’s fall

Financial Issues in Enron and Coca Cola Corporations: Accounting Approaches and Methodologies Used for Measurement

End of preview

Assignment on Advanced Financial Accounting - Doclg...

Factors that led to the disintegration of Enron and a comparison of IFRS and GAAP standardslg...

Enron's Corporate Failure: Issues with Mark-to-Market Accounting, Special Purpose Entities, and Stock Optionslg...

Advanced Financial Accounting: Enron's Misleading Financial Reporting Objectiveslg...

Evaluation of Enron's Corporate Failure and Analysis of US GAAP and IFRS Methods for Measuring Financial Elementslg...

Role of Mark to Market Accounting Approach in Enron’s falllg...

Assignment on Advanced Financial Accounting - Doc

Factors that led to the disintegration of Enron and a comparison of IFRS and GAAP standards

Enron's Corporate Failure: Issues with Mark-to-Market Accounting, Special Purpose Entities, and Stock Options

Advanced Financial Accounting: Enron's Misleading Financial Reporting Objectives

Evaluation of Enron's Corporate Failure and Analysis of US GAAP and IFRS Methods for Measuring Financial Elements

Role of Mark to Market Accounting Approach in Enron’s fall