Unethical Behavior Article Analysis

ACC 291 Principle Accounting

Unethical Behavior Article Analysis

For profits is always the target that any organizations to persuade. This intension might attract some business organizations to produce a creative accounting financial statement to inspire investors investing their funds to the organizations. "Businesses feel the pressure to appear profitable in order to attract investors and resources, but deceptive or fraudulent accounting practices often lead to drastic consequences" (Krantz, 2002, para. 1).

In the early 2000s, Congress passed the Sarbanes-Oxley Act of 2002 (SOX) due to the numerous corporate scandals explosions, Enron Corporation was one of the most notable companies to crash. Basically, in 1990s Enron and numbers of publicly-traded...