Governance, Accounting, and Auditing Post-Enron Update

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This Update reviews the Enron, Arthur Andersen and Worldcom disasters, and the Sarbanes-Oxley Act of 2002, and their impact on corporate governance and the governance and practices of accounting and auditing.

 

The Update presents excerpts from a forthcoming (2003) revision of Business & Professional Ethics for Accountants (BPEA)           by Leonard J. Brooks … and Cengage Learning.

 

The Update and related files may be downloaded from the menu below:

 

Governance, Accounting, and Auditing Post-Enron Update

 

q      Complete

q      Sections:

q      Introduction and Overview

q      Enron’s Demise

q      Arthur Andersen’s Troubles

q      Guideline and Regulatory Changes

q      WorldCom: the Catalyst

q      Sarbanes-Oxley Act of 2002

q      Impacts on:

q      Governance, Accountability and Reporting, and Management Practice

q      Impact on the Accounting Profession and Auditing Practice

q      Impact on Business Ethics Trends     

 

Related Files

 

q      The Powers Report:

q      Part 1 : EnronPt1.pdf

q      Part 2 : EnronPt2.pdf

q      Part 3 : EnronPt3.pdf

q      Part 4 : EnronPt4.pdf

 

q      The Senate’s Permanent Subcommittee on Investigations:

q      Report on The Role of the Board of Directors in the Enron Collapse RoachPt1.pdf

q      Testimony of Robert Roach, Appendices : RoachIndex.htm, RoachApp.A.pdf, RoachApp.B.pdf, RoachApp.C.pdf, RoachApp.D.pdf, RoachApp.E.pdf  (all pdf)

 

 

 

q      Sarbanes-Oxley Act of 2002

q      Act: SarbanesOxleyAct.pdf

q      Summary of Provisions affecting the Accounting Profession: SarbanesOxleySummary.doc

q      SEC Final Ruling:

SECFinalRule.htm

 

 

q      Sherron Watkins anonymous whistleblowing:

q      Letter and : Watkins Letter to Lay.pdf

q      Testimony : Watkins Testimony.pdf