What part(s) of the AICPA Code of Conduct was violated by Andersen? By any Enron employee who was a CPA.
Rule 101 - Independence was the main breakdown in the system of the AICPA Code of Professional Conduct between Arthur Anderson and Enron. The prescribed conduct applies to all CPAs, but the independence rule is particularly important in attest functions. Attest means the statement of an opinion regarding the financial statement. Independence is of upmost importance. The consequence of a lack of independence is poor judgment in "circumstances that threaten independence from compromising the professional judgments required in the performance of an attest ...
In the solution, the Rules of Conduct are named and referenced followed by explanations of the rules which were violated by Anderson in the Enron audit.