Enron accounting… and how to prevent it

Lobster Issue 59 (Summer 2010) FREE

[PDF file]: […] drawing their auditing fees, which can be very substantial in a large company: Enron paid Arthur AndersHn $25 million for their last audit. The incentive not to kill the goose that lays the golden egg is obvious, and the auditor may be tempted to turn a blind eye to irregularities ranging from trading whilst […]

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