Question: Write a research paper on the Enron Scandal. Include what led up to the ethical dilemma, the stakeholders impacted by the violation, the financial impact of the violation and what action could be taken to prevent a repeat of the ethical violation. Also, include legal and/or accounting irregularities which occurred, the lessons learned as a result of the dilemma, and the ethical decision making model to the ethical dilemma you identify. This means you should:
1. Frame the ethical issue
2. Gather all the facts
3. Identify the stakeholders and obligations
4. Identify the relevant accounting ethics standards involved in the situation
5. Identify the operational issues
6. Identify the accounting and auditing issues
7. List all the possible alternatives that you can or cannot do
8. Compare and weigh the alternatives
9. Decide on a course of action; and Reflect on your decision.