How do we stop or can we stop financial statement fraud


- Prepare the two in chapter cases for discussion

- Read and submit the ENRON case, 3-4 pages typed 12 font Verdana

- Please answer the following questions:

1. How did the corporate culture of Enron contribute to its bankruptcy? 
2. Did Enron’s bankers, auditors, and attorneys contribute to Enron’s demise? If so, how? 
3. What role did the company’s chief financial officer play in creating the problems that led to Enron’s financial problems?
including the one i sent 

- #1 as written, but amended to focus on what was good and what was bad about the culture, be specific (you can answer this questions with bullet points for each),

- #2 as written, but pick one of the groups (bankers, or auditors, or attorneys) and select one player in that group and discuss their role (bullet points to state your position),

- #3 as written,

- #4 How do we stop or can we stop financial statement fraud? What is the common denominator in all financial statement frauds?

- #5 Find an article written around the time of the ENRON scandal back in Nov. 2001. Remember the scandal broke and ENRON was gone in a week. Be prepared to present to the class an interesting element of the article you selected. Please attach the article to your case submittal (not part of your page count).

Attachment:- CASE 9 Enron.rar

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