Oversimplifying the case of Enron and Arthur Andersen, Enron was
using some accounting practices that were questionable. Because
Arthur Andersen was an independent auditor, they were responsible
for reporting any questionable accounting practices might be risky
to the shareholders of Enron. The Security and Exchange Commission
was responsible for requiring and publishing accurate information
about Enron's accounting information. In the end, a few Enron
employees went to jail, and Arthur Andersen stopped doing business
under that name. Identify what you...