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Behind the Enron Scandal

I am looking for help researching Enron in preparing for a PowerPoint presentation. Point form for the slides will be much appreciated. Thank you.

TASK:

Review the history of Enron using the following websites and two additional websites that you find (please cite on reference slide):

Washington Post Business Specials (free registration is required)

CNN In-Depth Specials

Time: Behind the Enron Scandal

Prepare a PowerPoint slide presentation (7 to 10 Slides w/speaker notes--the 7 to 10 slides excludes the title and reference slide that should be included) that:

Highlights the events that occurred and the individuals involved.
Indicates whether or not accounting theory and/or regulation adequately addresses professional ethics.
Indicates the impact the reduced number of pension benefits has on former employees
Indicates what a standard of ethics would look like.
Includes a draft of a standard.

Solution Preview

Please see response attached (some of which is presented below). I hope this helps and take care.

RESPONSE:

Let's draw on information from the above websites for the following tentative outline. (see links in attached response, which has tons of infromation to consider for your presentation.

2. Prepare a PowerPoint slide presentation (7 to 10 Slides w/speaker notes--the 7 to 10 slides excludes the title and reference slide that should be included) that:

Slide 1: Enron Scandal

- David B. Duncan, who headed up the Arthur Andersen LLP team at the company, informed the committee that Enron's accounting was "pushing limits" and was "at the edge" of acceptable practice (businessweek.com, 1999)
- Jury convicted entire Enron firm (Time, 2002)
- Jury focused on the accountant, Arthur Anderson as the corporate culprit (Time, 2002)

Slide 2: Arthur Anderson

- Audited Enron books (Times)
- Stockholders lost $60 billion in the spectacular collapse of Enron (Time, 2002)
- Account theory? Professional Ethics?
- E.g. And Andersen, the former auditing giant, has collapsed after being found guilty of deliberately destroying evidence of its relationship with Enron. (BBCNews.com, 2002)
- Houston jury found Andersen guilty of obstructing justice (e.g., destroying evidence) (Time, ...

Solution Summary

This solution provides assistance in researching and preparing a presentation on the Enron Scandal. Points are provided for the nine slides in preparing for a PowerPoint presentation.

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