The ENRON Collapse (http://faculty.washington.edu/krumme/companies/enron.html) QUICK INDEX: Internet Sites Media Clippings Literature SUPPORTING PAGES: Accounting Firms and the Big Five Corporate Disclosure Literature Corporate Disclosure on the Internet Internet Sites:  Congress: The Committee on Energy & Commerce, House of Representatives Committee on Energy and Natural Resources American Institute of Certified Public Accountants (AICPA) The ENRON Crisis (Home Page: The AICPA, The Profession & The Public Interest) Statement from Big Five CEOs on Enron (Dec.4, 2001) Financial Accounting Standards Board The mission of the Financial Accounting Standards Board is to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information. accounting.rutgers.edu/raw/fasb/tech/chairmanrep.html FASB Chairman's Report: Coordinated television interviews with Nightly Business Report (PBS) and Dallas Morning News in connection with the unfolding Enron story. NEWS RELEASE 02/14/02 FASB Chairman Edmund L. Jenkins Testifies Before Congressional Committee on Financial Reporting Media: ABC News: Enron Developments CNN's Enron Directory C-Span's Enron Site PBS - Frontline: Bigger than Enron [Hedrick Smith] Accounting in Crisis Business Week, JANUARY 28, 2002 Enron is the latest in a string of accounting disasters that highlight the need for profound change that the industry itself is unlikely to address. Here's what needs to be done. Special Report: The Enron Scandal Can You Trust Anybody Anymore? The scope of the Enron debacle undermines the credibility of modern business culture. Let's get back to basics... Accounting Failures Aren't New--Just More Frequent Investors have lost close to $200 billion in the past half-dozen years in earnings restatements and stock meltdowns following audit failures. And the pace seems to be accelerating. Between 1997 and 2000, the number of restatements jumped 100%, from 116 instances to 233. Other Resource Sites: Citizen Works: Tools for Democracy ; [Corporate Reform Press Conference, 5 July 2002; incl. statement by Ralph Nader] [incl. C-SPAN videos] www.plu.edu/~enron [Gerald M. Myers, Professor, School of Business, Pacific Lutheran University] The Enron Project, a collaborative research effort by faculty and students at Pacific Lutheran University. During the spring, 2002 semester, faculty and students in a variety of disciplines are working on a series of research papers and projects which focus on the Enron corporate bankruptcy.... Clippings: Business: Professors draw on Enron for lessons in business practices Nando Times March 16, 2002. Professors and students in business schools around the country have seized on the tale of the energy giant's collapse as a compelling, real-life lesson, useful for examining everything from accounting standards to ethics. Literature: Kurtzman, Joel and Glenn Rifkin, "Enron: Redefining Yourself through New Markets," Ch.3 (pp.47ff.) in: Radical E: From GE to Enron: Lessons on How to Rule the Web. N.Y.: Wiley, 2001. [HF5548.32 K87 2001/Tacoma] "In every company, you've got the radicals, the nuts. We searched them out because they needed to be in these new businesses." (CEO Jeffrey Skilling, Enron Corporation)