Questions we Can Help you to Answer

Paper Instructions:

LINK TO THE ENRON MOVIE :  http://topdocumentaryfilms.com/enron-the-smartest-guys-in-the-room/


INSTRUCTIONS:

Enron Movie: The Smartest Guys in the Room

Review Questions


1.    Identify at least five (5) control issues in the movie using the Committee of Sponsoring Organisation of the Treadway Commission (COSO) framework as a guide.

2.    How did Enron engage in fraudulent financial in reporting? Give at least three examples of Enron’s creative accounting policies. 


3.    Explain Ken Lays relationship with President Bush.  What is your opinion of the regulatory  environment which existed at the time.

4.    State two major implication of fraudulent financial reporting in Enron’s case


5.    Use the fraud triangle to identify fraudulent issues in the Movie.  The issues should be categorized according to the three factors.