Choose 6 to answer about Enron fraud case
Enron Questions for Research and Discussion 1. Enron's top executives were not the only people with a role in Enron's demise. Name five other people/organizations that played a role and explain what part they played. 2. If Arthur Andersen felt that Enron's accounting practices were suspect (mark to market, etc), why do you think they would decide to keep Enron as a client? 3. Name three people in Enron that would have "shocked to the death" if they participated in the Milgram experiment and three people that would not. Why did you choose the people you did? 4. Do you think that there is any irony in Enron's slogan "Ask Why?" Justify your answer. 5. G ive an example of rationalization (fraud triangle) in the case of Enron. Justify your answer 6. Give an example of opportunity (fraud triangle) in the case of Enron. Justify your answer with 7. Give an example of pressure/incentive (fraud triangle) in the case of Enron. Justify your 8. Do you think that Arthur Andersen would still be in business today if Sarbanes-Oxley had been 9. Research what has happened to Sherron Watkins since the collapse of Enron. Do you think with examples from the case examples from the case. answer with examples from the case. in place throughout Andersen's relationship with Enron? Why or why not? that her decision to report the wrongdoings of Enron executives to be a good decision in 10. Evaluate how Sarbanes-Oxley helps to reduce the factors in the fraud triangle for Arthur 11. Cite three examples (using three different Enron executives) that show the "Tone at the Top" 12. Give five examples of people/organizations that could have helped prevent this fraud from 13. Research what Andy Fastow is doing today. What is his current job and do you think that he retrospect? Andersen. Give examples for two of those factors. for Enron was unethical. occurring if they would have listened to their ethics. regrets his actions with Enron