"Changes." Arthur Andersen and Enron. N.p., n.d. Web. 23 May 2014. (http://www.mckendree.edu/academics/scholars/issue4/stinson.htm)
McKendree University is a college located in Illinois. They offer a section of their website in which students write about topics. In my case, a student named Todd Stinson wrote this article. The main audience for the source would be students that are not only interested in accounting, but also business. This article discusses the fall of two major companies. One was a major energy company by the name of Enron, and the other was an accounting firm called Arthur Andersen LLP. Both these names were dominant and superior in their field. Enron was one of the world's major electricity, natural gas, and communications company. Arthur Andersen was par of the "Big Five" accounting firms among PricewaterhouseCooper, Deliotte Touche Tomasthsu, Ernst & Young and KPMG. What happened was Enron's business was failing and their stocks were falling dramatically. They then partnered with Arthur Andersen LLP to help them out illegally. Arthur Andersen LLP falsified Enron's earnings and gave them the illusion of success. Together, they took advantage of not only the investors, but also the government. A special feature would be a graph showing the shares of stock sold from 1998-2003.
McKendree University is a college located in Illinois. They offer a section of their website in which students write about topics. In my case, a student named Todd Stinson wrote this article. The main audience for the source would be students that are not only interested in accounting, but also business. This article discusses the fall of two major companies. One was a major energy company by the name of Enron, and the other was an accounting firm called Arthur Andersen LLP. Both these names were dominant and superior in their field. Enron was one of the world's major electricity, natural gas, and communications company. Arthur Andersen was par of the "Big Five" accounting firms among PricewaterhouseCooper, Deliotte Touche Tomasthsu, Ernst & Young and KPMG. What happened was Enron's business was failing and their stocks were falling dramatically. They then partnered with Arthur Andersen LLP to help them out illegally. Arthur Andersen LLP falsified Enron's earnings and gave them the illusion of success. Together, they took advantage of not only the investors, but also the government. A special feature would be a graph showing the shares of stock sold from 1998-2003.
"Al Capones Grand Niece Says Uncle Sam Had It Wrong." Debits & Credits. N.p., 1 Web. 24 May 2014. (http://www.accountingtoday.com/debits_credits/Al-Capone-Grand-Nece-Uncle-Sam-Wrong-61198-1.html).
Accounting Today is all about accounting. It covers simple topics such as debits and credits, and also has major topics such as audits and memorandums. The main audience would be specifically be accountants. This article talks about Al Capone and his grand niece. She says thats Al Capone should not have been sent to jail for 11 years. By the way, the reason was tax evasion! She noted that taxpayers were not required to declare income from illegal activities such as bootlegging at the time of his conviction in the early 1930s. Also, the constitutional protections against self-incrimination were supposed to allow taxpayers to avoid declaring illegal transactions on their income. There are no charts or graphs, but there is a picture of the author, Deirdre Marie Capone.
Accounting Today is all about accounting. It covers simple topics such as debits and credits, and also has major topics such as audits and memorandums. The main audience would be specifically be accountants. This article talks about Al Capone and his grand niece. She says thats Al Capone should not have been sent to jail for 11 years. By the way, the reason was tax evasion! She noted that taxpayers were not required to declare income from illegal activities such as bootlegging at the time of his conviction in the early 1930s. Also, the constitutional protections against self-incrimination were supposed to allow taxpayers to avoid declaring illegal transactions on their income. There are no charts or graphs, but there is a picture of the author, Deirdre Marie Capone.