1. Why didn’t Arthur Andersen stand up to WMI management? 

2. What aspects of their risk management model did the Arthur Andersen partners incorrectly consider? 

3. To whom should Arthur Andersen have complained if WMI management was acting improperly? 

4. Did the WMI board and audit commit-tee do their jobs? 

5. Were the fines levied high enough? 

6. Should you use the same “dog” to discover the “bones” in an accounting scandal?

Answer rating: 100% (QA)

1 Arthur Andersen contributed a ton to the Enron Disaster Arthur Andersen endorsed the design of man ... View the full answer