For Module 8 Discussion, please view the video below of Crooked E (Enron): The Unshredded Truth. This movie is a docudrama which seems to exaggerate the events leading to the collapse of Enron and Arthur Andersen. However, several documentaries including The Smartest Guys in the Room, support the stories of a sexist and risk tolerant workplace, which are chronicled in this docudrama. Crooked E: The Unshredded Truth (Links to an external site.)

After viewing the video, which is approximately an hour and 20 minutes, answer the following questions:

What are the six elements of internal control? Provide at least three examples of how Enron (or Arthur Andersen) did not comply with several of the internal control elements. (Be specific and explain using examples from the movie.)

Answer rating: 100% (QA)

The six elements of internal control are 1 Control environment 2 Risk assessment 3 Control activitie... View the full answer