AC 410 All Assignments AC 410 All Assignments | Page 6
The international CPA firm of Arthur Andersen faced significant liability
in conjunction with its audits of Enron Corporation.
Required:
From a legal liability perspective, describe the unique features of this
audit case.
Describe the important implications of this audit case for a firm of
public accountants.
AC 410 Unit 3 Homework Assignment
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5–36
Comment on the reliability of each of the following examples of audit
evidence. Arrange your answer in the form of a separate paragraph for