Litigation

You ask Google, I answer

By Tracy Coenen

Question: Did Enron have good cash flow?

Answer: No. That was one of the signs that a fraud was occurring. In spite of financial statements that showed increasing revenue and profits, the company was constantly in a poor cash position. This is one common red flag of fraud discussed in my book, Essentials of Corporate Fraud.

Full post as published by The FRAUDfiles Blog on May 12, 2008 (boomark / email).