Consider the role of the Enron employee who was responsible for applying MTM accounting rules to electric

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Consider the role of the Enron employee who was responsible for applying MTM accounting rules to electric power contracts, like the Eli Lilly contract. Assuming the employee knew that the use of MTM accounting was beyond the scope of the SEC approval parameters, do you believe that the employee had a responsibility to report the behavior to the audit committee? Why or why not?

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Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics

ISBN: 978-0078025563

4th edition

Authors: Jay Thibodeau, Deborah Freier

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Question Posted: Dec 02, 2015 01:23 AM

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Consider the role of the Enron employee who was responsible for applying MTM accounting rules to electric

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Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics

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