Hi there, the above assignment is for the subject accounting theory. I have attached 2 files in which one is the requirement for the assignment and the another one is about the information for the enrons case (assignment topic). There is limited information about the case which is attached above a detail search is required with appropriate references. Please do the assignment as per the requirement mentioned above.

The assignment must be written in essay form with a clear introduction, a demonstrate critical arguments and draw strong conclusions. While the word allowance is 3,000 words an allowance of no more than 10% either way will be acceptable. All work must be the student's own work and sources clearly cited within the text according to APA 6th edition referencing style. A reference list must be incorporated at the end of the assignment. Only submissions via Moodle will be accepted and late penalties of 10% per day will be incurred if not submitted on or before the due date.

Explanation of mark-market accounting approach. Student has produced specific examples of the use of mark-to- market by Enron to mislead users of the financial statements. Factors that might encouraged the use of the mark-to-market approach - Report on the principles of mark-to- market accounting approach and the relevant accounting theory. Understand what special purpose entities in relation to corporates are. The report shows and in-depth understanding of how the company used special purpose entries to fund contracts and achieve financial reporting objectives. Depth understanding of the purpose of compensation schemes and the agency theory.

The report discussion clearly addresses the purpose of compensations schemes to top management including shares options and the principles of the agency theory assumptions including shareholders and managers relationships. Code of ethics for professional accountants and the fundamental principles of the code of ethics for accountants. The report discussion and explanation clearly addresses the purpose of code of ethics for professional accountants and the fundamental principles of the code of ethics for accountants in relation to the case and student provided clear examples and implications. Academic writing: The answer is easy to understand and follow - The report is professionally presented and all grammar and punctuation is correct. Referencing: Student has used referencing system clearly and accurately. The APA referencing system has been clearly and accurately used and all sources are correctly cited in the report.