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Balance sheet finance as financial reporting practice unethical

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Based on the title 'off balance sheet finance as a financial reporting practice is unethical' I'm asked to submit a paper that develops, expands upon and illustrates my arguments.

Along that, I have to submit a Kolb critical thinking model that summarizes the main features of my arguments and acts as a structure of my essay. I desperately need some help in getting the essay started such as how exactly can I fit in some accounting cases involving companies using off balance sheet finance to mislead shareholders and investors (Eron, Lehman).

Please explain and analysis the cases (Eron/ Lehman) or any other cases that are more up to date. My final paper should have a structure base on the following:

Experiences (from the professional literature). What's the difference with academic literature and professional literature?
World views in relation to off balance sheet finance.
- Purpose of essay
- Analysis of question asked
- Concepts (from the academic literature)
- Reasons/Assumptions to back up assertions
- Assertions
- Consequences and implications

Along with any points I need to consider in structuring the paper (Pros/cons). Please give me full paragraphs instead of bullet points; I find that very unhelpful and vague. Please provide me with any reference citations you've used
Thank you!!!!

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Balance sheet finance as financial reporting practice for unethical are examined.

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Off balance sheet finance as a financial reporting practice is unethical

Reasons and justifications for the extensive use of Off-Balance-Sheet Financing in financial reporting .

How does off balance sheet finance exactly work? Give examples.

Even though SPE's are legal ways of setting up partnerships, how was the way Enron used them highly unethical?

How has IAS 10 IAS37 or other accounting regulations aided the situation / or not?

Can there be a balance between reports that are 'fraudulent' and reports that are more 'subtle' ? How does company achieve that? what is the difference in regards to the way they take of their financial statements?

I know some supporters of this practice claim that it permits companies to benefit from business opportunities that would not otherwise be available. but what sort of business opportunities? Examples?

Some say OBSF restricts the usefulness of financial statements, where do we draw the line?

1,225 words plus references

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