Solved: Improving financial appearance by window-dressing, Business Law and Ethics

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Improving financial appearance by window-dressing

Problem:

During 2002, Enron corporation hid large liabilities from its balance sheet. Worldcom admitted to recording expenses as assets. Both companies tried to improve their financial appearance by window-dressing their financial statements. Is this an ethical issue? If yes, what is the ethical issue? Do research on these two companies.

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Business Law and Ethics: Improving financial appearance by window-dressing

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