ACCT 10039

Research the scandals involving Enron and Worldcom and cite your article(s) Answer the following questions in a formal written business report (300 - 400 words). Write your business report in APA formatting with proper referencing. Include a cover page. When submitting, ensure you have a cover page with your identification and student number clearly marked Questions to answer in the formal report: 1. Provide details (with reference to dates) of the Enron Scandal 2. Provide details (with reference to dates) of the World Com Scandal 3. Who were the auditors of Enron? what was their role in the scandal? 4. Who were the auditors of World Com? what was their role in the scandal? 5. What was the government's reaction to these scandals? 6. How have these two situations affected the Auditing profession in Canada currently? Be specific Your answers should contain the following items: Information Risk Business Risk Audit Risk Accounting Risk Professional Judgment Professional Skepticism Ethics