Question: Enron was a large US energy company which failed spectacularly in late 2001 after being involved in extensive accounting fraud. Requirement: 1. Search the internet

Enron was a large US energy company which failed spectacularly in late 2001 after being involved in extensive accounting fraud.
Requirement:
1. Search the internet using the term Enron and identify the unethical actions of Enron's accountants.
2. Which of the principles set out in the Australian Accounting Professional and Ethical Standards Board's code for Professional Accountants did each of these actions contravene?

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1 There are many ways in which both the accountants inside Enron and their external public accountants behaved unethically so students may have a variety of answers including the following points that ... View full answer

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