Question
Who do you believe was responsible for ENRON's bankruptcy and demise?** Specifically, address whether you believe ENRON's bankruptcy was a management accounting failure (meaning that
Who do you believe was responsible for ENRON's bankruptcy and demise?** Specifically, address whether you believe ENRON's bankruptcy was a management accounting failure (meaning that their principles were not in conformity with GAAP and they utilized aggressive tactics at the hands of management) or an auditing failure (meaning that Enron's accountants were responsible for uncovering the fraud and aggressive schemes but they did not do their job) or both. Be sure to back up your argument with support and facts from the case, utilizing the financial statements from Enron to make your points and the Case Study notes provided on Webcourses.
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