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    Auditors 'clean' opinion letter

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    How could a company get a 'clean' opinion letter from its auditor but still have issues, such as an Enron?

    © BrainMass Inc. brainmass.com June 3, 2020, 6:56 pm ad1c9bdddf

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    There are a few reasons this could happen and after Enron and WorldCom, many Federal agencies such as the SEC have been working to provide for more stringent financial disclosure requirements.

    The best explanation for why this occurs is due to creative accounting. Auditors are accountants and with big ...

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    This solution provides a detailed explanation of the given accounting question.