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Fraud Prevention and Detection
book

Fraud Prevention and Detection

by Rodney T. Stamler, Hans J. Marschdorf, Mario Possamai
March 2014
Beginner
316 pages
7h 48m
English
Routledge
Content preview from Fraud Prevention and Detection
APPENDIX B: GLOSSARY
270
E
Employee: An individual who has been engaged by the ofcers of a cor-
poration under the authority of the board of directors.
Enron: Enron was a publicly traded US energy corporation with head-
quarters in Houston, Texas. The company was a major producer
of electricity and natural gas. It also controlled many subsidiary
corporations that owned pulp and paper mills and communi-
cation networks. Prior to bankruptcy in 2001, Enron employed
more than 20,000 people and was listed on the New York Stock
Exchange. The company reported revenues of over $100 billion in
2000. Accounting fraud caused the company to spiral into bank-
ruptcy on December 2, 2001. The aftermath of this massive fraud
resulted in new legislation being en ...
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Publisher Resources

ISBN: 9781466554559