Enron was as quickly as America's most revolutionary company and was famous in the business world from the 1990s until in the fall of 2001. As a future professional in line with business, I am surprised both to be dissatisfied with the management of Enron, as well as the higher-ranking employees, as they covered up its bankruptcy as a constant organization with specific income. This is quite alarming, given that a large portion of its staff and customers have been affected. To me, it's not really the management that is to blame, but also the government, because they don't have that strict assurance to protect and manage each entity. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay As I look at an article about the fall of Enron, I assume that one of the reasons for their fall used to be their systems and the way they ran the company. Giving bonuses to those who close a deal once caught my attention, as mentioned in the article "Everyone was in a hurry to close deals (good or bad) due to the reality even after a closed deal". As part of the deal, they received their bonuses regardless of the end result of the deal, so we all honestly had difficulty with the deals being made unless we cared about whether the company can also choose whether or not to provide revenue to the business. The issue that caught my attention was mark-to-market accounting, in which the organization will use estimates of future revenue when signing a long-term contract. The fact that this estimate of future money would accompany the flow to the company was already covered in Enron's accounting, even though that money was not yet received. The outcome of this transaction has already given investors misleading information, which is supposedly already a violation. I was also alarmed that Enron employees were in competition with each other, due to the reality of the company's performance policy. Appraisal, where employees are rated from 1 to 5. 1 being ideal and any time you scored 5, then this is a skill you need to pack your stuff because you will lose your job soon. As a company, employees should cooperate with each other, but it turns out they were competing. Everyone wants to cooperate to decorate the company organization and no longer compete sincerely with all the distinctives to continue to be part of the company. Keep in mind: this is just a sample. Get a personalized document from our expert writers now. Get a Custom Essay To conclude, There are many divergences that Enron made, which could provide everyone with individual knowledge on how to handle future events. As a future accountant, it is truly essential to uphold our ethical conduct and professionalism. It's a warning to those already doing it to stop and do the better things instead..