The “Enron scandal” was one of the biggest corporate collapses in the financial world resulting in an estimated loss of $US74 Billion. As a result of this spectacular but tragic collapse, the Sarbanes Oxley Act was enacted which touches on many topics of this course such as Audit & Governance, Ethics and Internal controls. Provide an analysis of how these topics (or other topics) apply to the Enron case.

Answer rating: 100% (QA)

SarbanesOxley Act was implemented in the year 2002 by US Congress with the aim to safeguard the interest of the investors from all the fraudulent practices performed by public corporations in financia... View the full answer