Reference no: EM133205767

Problem:

The Enron scandal was a tipping point for unethical and fraudulent behavior in large public companies that resulted in the loss of millions of dollars for investors. Congress conducted hearings about this and other major scandals which resulted in a new set of laws called Sarbanes-Oxley. In this discussion board, address the following:

1. Describe what kinds of activities certain Enron executives engaged in that illustrate fraud and unethical behavior.
2. What steps could have been taken to identify and perhaps avoid the bad behavior?
3. Describe other types of unethical behavior that might involve accounting.