That Andersen signed off on Enron SPEs that in fact had less than 3% outside equity is
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That Andersen signed off on Enron SPEs that in fact had less than 3% outside equity is an illustration of the principle that:
a. Less is more.
b. Always the more conservative course of action is best.
c. Someone oblivious to the principle will not reliably follow the rule.
d. Independence is guaranteed only by scrupulous attention to appearances.
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Related Book For
Understanding Accounting Ethics
ISBN: 9780976528005
1st Edition
Authors: Michael Pakaluk, Mark L. Cheffers
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