Question: Locate and read the article listed below and answer the following questions. Krishnan, J., Raghunandan, K., & Yang, J. S. 2007. Were former Andersen clients

Locate and read the article listed below and answer the following questions.
Krishnan, J., Raghunandan, K., & Yang, J. S. 2007. Were former Andersen clients treated more leniently than other clients? Evidence from going-concern modified audit opinions. Accounting Horizons 21 (4): 423-435.
a. What is the issue being addressed in the paper?
b. What are the findings of the paper?
c. Why is this paper important to auditors, and what are the implications of this paper for the auditing profession?
d. Describe the research methodology used as a basis for the conclusions.
e. Describe any limitations of the research.

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a The accounting scandal of Enron in December of 2001 led to legal issues for its auditor Arthur Andersen On January 10 2002 Arthur Andersen admitted to shredding documents related to the Enron audit ... View full answer

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