If the auditors did not understand Enrons operations, how could they know how to check the information
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Question:
If the auditors did not understand Enron’s operations, how could they know how to check the information that Enron’s management was reporting on the financial statements? Did the auditors demonstrate professional skepticism? Why do you think the Enron audit failed? How would you describe the integrity and behavior of Enron’s senior management?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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