Describe and analysis the balance sheet, the income statement, and the cash flow and explain why is it so important to understand them and why is it for the Chief executive officer to understand them.

Briefly describe what accounting is.
Next, research about Dr. Kazuo Inamori’s Management and Accounting Principles, and explain why it is so successful and Talk about the Enron Scandal and states the reasons of Enron’s collapse. Finally, compare the difference between the failure Enron and Dr. Kazuo Inamori’s success in his company Kyocera.

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