ACC 492 Week 5 Learning Team Case Study Assignment

May 1st, 2015
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ACC 492 Week 5 Learning Team Case Study Assignment

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Case StudyACC 492NameDateInstructorWhat are the principles of the AICPA Code of Professional Conduct?The Code of Professional Conduct includes six principles that form the foundation of the rules. The principles include responsibilities, public interest, integrity, objectivity and independence, due care, scope and nature of services. What part(s) of the AICPA Code of Conduct was violated by Anderson? By any Enron who was a CPA?The Chief Accounting Officer for Enron was Rick Causey. Prior to Ricks employment with Enron, he worked as a CPA for Arthur Anderson. Causey was the person who devised and headed the scheme to manipulate the reported earnings for Enron. Andrew Fastow (Enrons Chief Financial Officer (CFO) was assured by Rick Causey that he would not see any losses in capital when one of Causeys questionable partnerships did business with Enron. Many of

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