Assignment:
After reading the article, draft a two page paper by explaining what you learned about accounting and finance. You can include any reflections related to the article; however, address in paragraph form at least the following in your two-page paper:
- What specific actions (or lack of) led to Enron's bankruptcy?
- What types of fundamental accounting and auditing practices eventually contributed to the fraud performed by Enron?
- Briefly describe the ethical environment that led to the fraud.
- How did Enron's bankruptcy impact the financial markets for Enron's competitors?
- Briefly describe what you learned about the importance of the auditing process.
Please review the document enclosed here:
Attachment:- Andersen implosion over Enron.rar