ACC 492 Week 5 Learning Team Assignment Case Study Assignment and Presentation(New)

ACC 492 Week 5 Learning Team Assignment Case Study Assignment and Presentation(New)

Resource: Case 4.1: Enron Corporation and Andersen, LLP: Analyzing the Fall of Two Giants in Auditing Cases Complete the questions at the end of the case. Prepare a 500-650 word response to the following questions: What are the principles of the AICPA Code of Professional Conduct? What part(s) of the AICPA Code of Conduct was violated by Andersen? By any Enron employee who was a CPA? Prepare 12-15 Microsoft® PowerPoint® slides, with speaker’s notes, illustrating your answers to the Case Study Assignment on Case 4.1.

What are the principles of the AICPA Code of Professional Conduct? The Code of Professional Conduct includes six principles that form the foundation of the rules. The principles include responsibilities, public interest, integrity, objectivity and independence, due care, scope and nature of services. What part(s) of the AICPA Code of Conduct was violated by Anderson? By any Enron who was a CPA? The Chief Accounting Officer for Enron was Rick Causey. Prior to Rick’s employment with Enron, he worked as a CPA for Arthur Anderson. Causey was the person who devised and headed the scheme to manipulate the reported earnings for Enron. And……………