Enron accounting scandal

E22974

The Enron accounting scandal was a major corporate fraud case in the early 2000s involving widespread financial misrepresentation at energy company Enron, which led to its bankruptcy and spurred sweeping reforms in U.S. corporate governance and financial regulation.

All labels observed (4)

Label Occurrences
Enron scandal 8
Enron accounting scandal canonical 4
Enron bankruptcy 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf accounting scandal
corporate fraud case
financial scandal
cause accounting fraud
concealment of debt
earnings manipulation
financial misrepresentation
inflated profits
mark-to-market accounting abuse
off-balance-sheet financing
use of special purpose entities
country United States of America
surface form: United States
endTime early 2000s
hasEffect Enron bankruptcy
civil lawsuits
collapse of Arthur Andersen as an auditing firm
creation of the Public Company Accounting Oversight Board
criminal prosecutions of executives
enhanced internal control requirements
increased regulatory scrutiny
investor losses
job losses
loss of confidence in corporate financial reporting
loss of shareholder value
reforms in U.S. corporate governance
reforms in financial regulation
stricter auditor independence rules
industry energy
inspired Sarbanes–Oxley Act of 2002
surface form: Sarbanes–Oxley Act
involves Arthur Andersen
Enron
surface form: Enron Corporation

Enron accounting scandal self-linksurface differs
surface form: Enron executives

United States Department of Justice
surface form: U.S. Department of Justice

Securities and Exchange Commission
surface form: U.S. Securities and Exchange Commission

special purpose entities
keyPerson Andrew Fastow
Jeffrey Skilling
Kenneth Lay
Sherron Watkins
location Houston
surface form: Houston, Texas
mainSubject Enron
peakPublicExposure late 2001
relatedTo corporate governance
energy trading
securities fraud
whistleblowing
startTime 2001
timePeriod early 2000s

How these facts were elicited

Referenced by (14)

Full triples — surface form annotated when it differs from this entity's canonical label.

Sarbanes–Oxley Act of 2002 motivatedBy Enron accounting scandal
Public Law 107-204 motivatedBy Enron accounting scandal
Enron accounting scandal involves Enron accounting scandal self-linksurface differs
this entity surface form: Enron executives
Public Company Accounting Oversight Board createdAfter Enron accounting scandal
this entity surface form: Enron scandal
Sarbox relatedTo Enron accounting scandal
this entity surface form: Enron scandal
Arthur Andersen centralRoleIn Enron accounting scandal
Arthur Andersen involvedIn Enron accounting scandal
this entity surface form: Enron scandal
Kenneth Lay knownFor Enron accounting scandal
this entity surface form: Enron scandal
WorldCom accounting scandal relatedTo Enron accounting scandal
Jeffrey Skilling associatedWith Enron accounting scandal
this entity surface form: Enron scandal
Sherron Watkins participantIn Enron accounting scandal
this entity surface form: Enron scandal
Andrew Fastow notableEvent Enron accounting scandal
this entity surface form: Enron scandal
Andrew Fastow notableEvent Enron accounting scandal
this entity surface form: Enron bankruptcy
Kurt Eichenwald hasWrittenAbout Enron accounting scandal
this entity surface form: Enron scandal