Andersen implosion over Enron: an analysis of the contagion effect on Fortune 500 firms

“Andersen implosion over Enron: an analysis of the contagion effect on Fortune 500 firms”. 

4. Finally, locate and click on the link labeled Full text. 

After reading the article, draft a two-page paper by explaining what you learned about accounting and finance. You can 

include any reflections related to the article; however, address in paragraph form at least the following in your two-page 

paper:

 What specific actions (or lack of) led to Enron’s bankruptcy? 

 What types of fundamental accounting and auditing practices eventually contributed to the fraud performed by 

Enron? 

 Briefly describe the ethical environment that led to the fraud.

 How did Enron’s bankruptcy impact the financial markets for Enron’s competitors? 

 Briefly describe what you learned about the importance of the auditing process. 

Click here to download a template for this assignment. In APA Style, the template includes a title page and reference 

page. 

The purpose of this assignment is for you to explore the critical practices of accounting and finance within the industry, 

while also demonstrating information literacy by utilizing the online library.

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