Enron's Questionable Transactions And Arthur Andersen's Troubles

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Course Project: Enron 's Questionable Transactions and Arthur Andersen 's Troubles
Enron and “Arthur Anderson LLP (AA)” both started out as reputable companies, but in the end both became unethical (Brooks & Dunn, 2015, p. 98). Many experts believe this was due to a paradigm shift in their “corporate cultures” (Brooks & Dunn, 2015, p. 1-608). This shift in employee behavior can be observed from the many questionable strategies that Enron carried out with the enablement of AA. Therefore, this paper will examine the elements that contributed to Enron and AA’s demise through answering two sets of case study questions, provide a “current update on Enron and AA’s” condition, and will give a “final conclusion/recommendations for Enron” and AA (WBU, 2016). Thus, making this type of an examination should enhance the knowledge of both the academic and business communities.
Elements that Contributed to Enron and AA’s Demise Through Answering two Sets of Case Study Questions (500-750 Words per Case study): (a)=Enron case study questions, and (b)=Arthur Andersen case study questions
Q1. (a) The problem with this type of advice from the “board of directors” was that it allowed the formation of “Fastow partnerships” between Enron and “500 SPEs” (Brooks & Dunn, 2015, p. 1-608; Powers Jr., Troubh,, & Winokur, 2002, p. 2; Reinstein & Weirich, 2002; Edelman & Nicholson, 2011, p. 3). Unfortunately, this “alternative” still amounted to a “conflict of interest” by violating the “Generally

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