We studied a range of accounting crises, including Enron, and the GF Choose one of these examples. Carbucks and Petrobras In relation to your chosen accounting crisis process, identify how accountants exercised a 'hidden power' in contributing to the crisis or how the use of accounting was illustrative of 'hidden power. 

In your answer, discuss how this use of power ultimately impacted upon a variety of stakeholders, any lessons that arise from the scenario, and any implications with respect to ethics.?

Answer rating: 100% (QA)

Accountants at Enron exercised a hidden power in contributing to the crisis by manipulating the financial statements to hide the true financial condit... View the full answer