Posted: May 9th, 2017

The international CPA firm of Arthur Andersen faced significant liability in conjunction with its audits of Enron Corporation.

The international CPA firm of Arthur Andersen faced significant liability in conjunction with its audits of Enron Corporation.
Required:
From a legal liability perspective, describe the unique features of this audit case.

Describe the important implications of this audit case for a firm of public accountants.

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