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Types of fundamental accounting and auditing practices

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Reference no: EM131118728

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After reading the article, draft a two-page paper by explaining what you learned about accounting and finance. You can include any reflections related to the article; however, address in paragraph form at least the following in your two-page paper:

  •  What specific actions (or lack of) led to Enron's bankruptcy?
  •  What types of fundamental accounting and auditing practices eventually contributed to the fraud performed by Enron?
  •  Briefly describe the ethical environment that led to the fraud.
  •  How did Enron's bankruptcy impact the financial markets for Enron's competitors?
  •  Briefly describe what you learned about the importance of the auditing process.

Reference no: EM131118728

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