Topic: The Enron Scandal and SOX
The Term project is a research paper on the above topic. Your paper should be Professional in appearance, at least 5 typed pages, double spaced. You should attach a bibliography page citing all sources of your information.
Of major importance will be your own thoughts, opinions and conclusions. Your grade will be determined on the quality of research, the organization of your paper, your own input and the professional appearance of your work.
Based on your research, you paper should at a minimum include responses to the problems below but you are not limited to these areas only.
What was the Enron Scandal about? Discuss specific accounting issues related to the scandal
Did Enron violate GAAP?
How did the Government address this scandal?
What is the Sarbanes Oxley Act?
What specific provisions of the act addressed the areas on Enron accounting that caused the scandal?
In your opinion, would these provisions of the Sarbanes Oxley Act prevent a similar scandal for occurring?
Does SOX restore public confidence in the accounting profession?
If you were a legislator, what else would you do?