He said that in the new millennium, corporations would be operating under many watchful and demanding eyes. ... It stated that American Companies have been bounded since 1977 under the Foreign Corrupt Practices Act. ... Only some companies like Motorola for example have accounting systems to spot kickbacks by noting differences between what the customer pays and what a vendor receives. ...
They were assets for projects that never got off the ground. Under GAAP, the value of the assets would be judged impaired, and they would normally be written down, showing a loss rather than a gain. ... Under GAAP, a 3 percent outside interest allows a company to exclude the partnership assets and debt from its records. ... Enron did not meet the third criterion because the notes related to the SPEs in Enron's financial statements were written so obtusely that they were not transparent to the reader. ...
(Plato's The Protagoras pp 79) Humans cannot be noble, just, and couragous but must strive to become these, that is, to live grounded within the rules of absolute truth. "... ... A situational ethicist, viewing the world through sensibility would argue that the general principles for viewing ethical points of view are grounded in human experience and the only absolute truth is change itself. ... Because reflective Judgement from the emperical Laws (situational ethics) to the Universal (Absolute truths) can be established by a priori knowledge, it follows that the Universal, the ground of ...
