2023 Discussion Assignment For this assignment write at least 400 words answering the following Oversimplifying the | Assignments Online

  

Discussion Assignment

For this assignment write at least 400 words answering the following.

Oversimplifying the case of Enron and Arthur Andersen, Enron was using some accounting practices that were questionable. Because Arthur Andersen was an independent auditor, they were responsible for reporting any questionable accounting practices might be risky to the shareholders of Enron. The Security and Exchange Commission was responsible for requiring and publishing accurate information about Enron’s accounting information. In the end, a few Enron employees went to jail, and Arthur Andersen stopped doing business under that name. 

• 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?

Discussion Responses

It is your responsibility to respond to three classmates by providing comments, asking questions, or having a conversation about their main post. Feedback should be appropriate, meaningful, and helpful. For instance refer to how your own experience supports/contradicts the opinions developed by your peers. If you think they are too general or not rooted enough in personal experience, you may also ask for more detailed examples supporting these opinions. In particular make sure that the examples provided are properly referenced and that you are able to access them. Overall, your comments should contribute positively to the conversation by broadening or clarifying it. Feedback should be at least 3-4 complete sentences. You should also respond to anyone who has responded to you. 

 The paper should cite sources to support your ideas. Be sure to review the assessment criteria below before beginning your paper. Cite any reference(s) you use in the preparation of your essay using proper APA format