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A summary of the Enron scandal and the company executives’ actions of embezzling is viewed as an unlawful activity involving unethical and unlawful attainment of funding and money by employee.

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The precise layout of the entries in softwareand data terms is not settled,and may ultimately become one ofthose ephemeral .The signed receipts may form a naturalasset-side contra account, or theymay be a separate non-book list underlyingthe bookkeeping system and its two sides.

We term this .Although the digitally signed receipt dominatesin informationterms, in processing terms it falls short. Doubleentry book keeping fills in the processing gap,and thus the two will work better togetherthan apart. In this sense, our term of tripleentry bookkeeping recommends an advance inaccounting, rather than a revolution.

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The declaration of this deregulation meant that the company’s executives had the permission of maintaining agency over the report earnings released to employees and investors alike (BBC News, 2002).

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This property is enabled by means of three features,being the separation of all books into two groupsor sides, called and ,the redundancy of the duplicative with each entryhaving a match on the other side,and the , which says thatthe sum of all entries on the asset sidemust equal the sum of all entries on theliabilities side.

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7 Integrated Application-Level Messaging.As distinct to the messaging at the lower protocollevels (1 above), there is a requirement for Alice and Bobto be able to communicate. That is because thevast majority of the patterns turns around thebasic communications of the agents. There is nopoint in establishing a better payment and invoicemechanism than the means of communication andnegotiation. This concept is perhaps best seenin the SWIFT system which is a messaging system,first and foremost, to deliver instructions forpayments.

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