Question.898 - DB2 Identify what you consider any conflicts of interest in the case of Enron and Arthur Andersen. What could have been done to avoid the conflicts of interest you identified? How would you change the laws to correct the problems that came up in the Enron and Arthur Andersen case? Explore how Enron and Arthur Andersen might have been encouraged to act ethically other than direct legal pressures. To what extent (if any) should sustainability concerns and issues be incorporated in accounting analyses? When (if ever) should organizational decisions with sustainability-related impacts and significant associated cost-implications (savings or expenditures) be shared with shareholders?
Answer Below:
Identify xxxx you xxxxxxxx any xxxxxxxxx of xxxxxxxx in xxx case xx Enron xxx Arthur xxxxxxxx Companies xxxx on xxxxxxxx to xxxxxxx this xxxx efficiently xxx honestly xx the xxxx of xxxxx conflicts xx interest xxxxx in xxxx Arthur xxxxxxxx avoided xxxxxxxxx negative xxxxx reports xxx Enron xxx hired xxxx and xxxx their xxxx The xxxxxxxx of xxxxxxxx might xxxx arisen xxx to xxx appealing xxxxxxxxxx presented xx the xxxxxxxx which xxxxxxxxxxx to xxx auditors xxxxxxxxxxxxxx behaviors xxx capabilities xxxx could xxxx been xxxx to xxxxx the xxxxxxxxx of xxxxxxxx you xxxxxxxxxx From xxxxxxx side xxx management xxxxx prioritize xxxxxxx business xxxxxx policies xxxxx and xxxxxxxx control xxxxxxxx Further xxxxxxxx groups xxx be xxxxx independent xxxxxxxxx to xxxx financial xxxxxxx and xxxxxxxxx compliance xxxx can xxxxxx accurate xxxxxxxx results xxx improved xxxxxxxxxxx From xxx side xx Arthur xxxxxxxx the xxxxxxxxxxxxx of xxxxxxxxxx and xxxxxxxx services xxx led xx a xxxxxxxx within xxx firm xxxxx could xxxx also xxxxxxxx the xxxxxxxx This xxxxx can xx turn xxxxxx how xxx employees xxxxxxx leading xx unexpected xxxxxxxx at xxx firm xxxxx How xxxxx you xxxxxx the xxxx to xxxxxxx the xxxxxxxx that xxxx up xx the xxxxx and xxxxxx Andersen xxxx One xxxxxx in xxx law xx correct xxx issues xxxxx by xxxxx and xxxxxx Andersen xx the xxxxxxxxxxxxxx Act xxxxxx in xxx event xx many xxxxxxxxx scandals xx the xxxxx s xxx scandals xxxxxxxxxx impacted xxx investors xxx their xxxxxxxxxx which xxxx it xxxxxxxxx to xxxxxxxxx legally xxx legal xxxxxxxxx addressing xxxxxxxx of xxxxxxxx can xxxx be xxxxxxxxxx to xxxxx violations xxx instances xx forced xxxxxxxxxxxxxxx Explore xxx Enron xxx Arthur xxxxxxxx might xxxx been xxxxxxxxxx to xxx ethically xxxxx than xxxxxx legal xxxxxxxxx The xxxxxxx established xxxxxxxxxxxxx of xxx importance xx ethical xxxxxxxxx supported xx the xxxxxxxx laws xxxx condemn xxx violation xx false xxxxxxxxxxxxx offering xxxxxxxxx favors xx return xxx other xxxxxx and xxx like xx a xxxxxxx motivation xxxxxxx in xxx case xx Arthur xxxxxxxx the xxxx possesses x legacy xx renowned xxxxxxxx services xxxxx could xx adversely xxxxxxxx by xxxxxxxxx in xxxxxxxxx practices xxxxxxxxx Enron xxx put xxxxx tremendous xxxxxxxx by xxx actions xxxxx have xxxxxxxx its xxxxxxxx as x company xxxxx and xxxxxxxxxxx in xxx industry xx what xxxxxx if xxx should xxxxxxxxxxxxxx concerns xxx issues xx incorporated xx accounting xxxxxxxx Sustainability xxxxxxxx and xxxxxx should xx incorporated xx accounting xxxxxxxx so xxxx they xxxx a xxxxxxxxx impact xx a xxxxxxx This xxxxx be xxxxxxxx by xxxxxxxxxxx the xxxxxxxxx decision-making xxxxxxxx the xxxxxxxxx impact xx environmental xxx social xxxxxx and xxxxxxxxx on x company's xxxxxxxxxxxxxx performance xx financial xxxxxxxxxx When xx ever xxxxxx organizational xxxxxxxxx with xxxxxxxxxxxxxxxxxxxxxx impacts xxx significant xxxxxxxxxx cost-implications xxxxxxx or xxxxxxxxxxxx be xxxxxx with xxxxxxxxxxxx When xxxx have x material xxxxxx on xxx company's xxxxxxxxx performance xx reputation xxxxxxxxx shareholders xx organizational xxxxxxxxx with xxxxxxxxxxxxxxxxxxxxxx impacts xxx significant xxxx implications xxxxx produce xxxxxx results xxxx could xxxxxxx information xxxx as xxxxxxxxxxx in xxxxxxxxxxxxxx initiatives xxxxxxxx toward xxxxxxxxxxxxxx goals xxx the xxxxxx of xxxxxxxxxxxxx regulations xx the xxxxxxxxx operations xxxxxxxxxx Keddie x November xxxx is xxxxxxxxxxxxxx accounting xxxx does xxx mean xx have xxxxxxx The xxxxxxxxxxxx Retrieved xxxx https xxxxxxxxxxxxxxx com xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx The xxxxxxx of xxxxxx Andersen xxx Enron xx the xxxxx Landscape xx American xxxxxxxxxx Hg xxx n x Retrieved xxxx https xxx hg xxx legal-articles xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Webber x R xxxxxxxxx The xxxxx scandal xxx the xxxxxxxxxxxxxx Act xxx Balance xxxxxxxxx from xxxxx www xxxxxxxxxxxxxxx com xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx text xx response xx what xxx reform xx business xxxxxxxxx practices xxx of xxxxMore Articles From Business Law
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