Off balance sheet finance as a financial reporting practice


Task: Off balance sheet finance as a financial reporting practice is unethical

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

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Accounting Basics: Off balance sheet finance as a financial reporting practice
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