Chrissie Ao Ieong S135080
Kinny Iam S135248
 Why there will be grey area in accounting ?
FIND
Listed company
Audit the accounts annually
Auditor
“Real and Fair“
“Retain opinion”
 Make a bad impression to the
investment community
Listed company
 Would not want to offend
their customers
Auditor
Auditor
complete a specifications financial report in
the case of the lowest risk
Listed
company
financial report is ideal to attract investors
 underscore will be lower,
find a mutually acceptable
point to achieve their goals
Grey Area in Accounting Practice
Enron
Auditor of Enron
 In fact, does not make a
 Did not find any fake
lot of money.
 Controlling of the
partnership company.
 Make a false report.
number.
The Grey Area
 All in all, Enron is not listed huge debt on the annual
financial report. Furthermore, the auditor of Enron
can't audit the company its profits. Therefore, Enron
appeared the grey area.
Thank you for your attention!