Find and briefly describer a case involving an ethical failure committed by an accountant or financial professional. Identify each element of the fraud triangle for the case, if any, and analyze why it happened. Analyze the case in terms of deontology, utilitalianism, and Six Principles of AICPA Code of Professional Conducts, i.e., how it is unethical as per deontology, etc. Also suggest what could have prevented the case in the first place, or what was missing. Finally, briefly comment on what you would have done if you were in that situation.

Answer rating: 100% (QA)

The Enron scandal is one of the most infamous cases of ethical failure in the financial world It involved several elements of the fraud triangle and s... View the full answer