Question: Identify and explain the specific examples of fraud and/or questionable accounting practices at Waste Management and Enron that Andersen signed off on. Describe the ethical

  • Identify and explain the specific examples of fraud and/or questionable accounting practices at Waste Management and Enron that Andersen signed off on.
  • Describe the ethical culture at Enron. What aspects of the ethical culture led to its demise?
  • What role did the principles outlined in the AICPA Code of Conduct play in the audit failure? Be specific.
  • Did the federal government overreact in pursuing criminal charges against Andersen? Or did the government get it just about right?
  • Was there any action or set of actions that Andersen might have taken during the Enron crisis to save the firm from extinction?

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