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Content (Jovita)

y Who is to blame? y Why wasnt the corporate fraud discovered for so long? y The impact of the Enron financial scandal to other

companies, investors and society y Changes in accounting requirements y The lessons learnt

Who is to blame? (Raminta)


y Kenneth L. Lay y Jeffrey K. Skilling

Andrew S. Fastow

What role are they playing?! (Jovita)

What role are they playing?! (Kas nori)

Impact On Society (Raminta)

Impact on InvestoRs (AINE)

Impact On Comapnies (AINE)

Changes in accounting
y AUGUSTAS arba PAVEL

Lessons learnt, Not


y AUGUSTAS

Summary (Pavel)
y Three major managerial stars: y y y y

Andrew S. Fastow; Jeffrey K. Skilling; Kenneth L. Lay Others role in this story Impact on society, investors and companies Changes in accounting Lessons learnt

ENRON

Literature
y Fusaro, P.C., Miller, R.M. (2002). Everyones guide to the

largest bankruptcy in U.S. history.What went wrong at Enron. USA. y Dulaney, M., Perth, F. (2002). Tidying up after Enron Regulatory issues. IBAs section on energy and natural resourses law 2002 conference. Edinburg. Scotland.

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