The Smartest Guys in the Room

Auditing

1.    Find and view the movie “The Smartest Guys in the Room” documentary

2.    Answer the following questions

Name the important individuals at Enron and Arthur Andersen CPA’s
What is their job and their responsibilities?

What was Enron’s major business at the beginning of its business?

What was the business at the final days of its business?

How did Enron manage to keep liabilities of their balance sheet and which individuals crafted the plan?

Who help Enron perpetrate the scheme?

Do you think that Enron manipulated the price and availability of electricity in California?

What was Arthur Andersen’s involvement in Enron?  Do you believe they should have been indicted by the government and tried for obstruction of an investigation?

FORMAT FOR ANSWERS

Answers must be presented typed and saved as a word document.

Number each question clearly and include enough explanation to support your answer

Your answers will be no longer than 3 pages typed double space in total.