Although Enron's scandal was brought to the light more than 5 years ago, it is still very hot topic in the United States.
I was reading this article (Ex-Enron CEO Skilling faces sentencing - Yahoo! News) today, and thought hmmm, what if I am the one of the accountant to audit Enron's Financial report....
It is very hot topic as I metioned earlier, and this is a very good case study of ethics.
Arthur Andersen was the audit company for the Enron.
because of the Enron's scandal, the Arthur Andersen went to bunkrupt.
what if I'm the one in charge of Enron's audit....
I'm in between follow the rules and satisfy your company's major customer....
well, Arthur Andersen chose Enron's Satisfaction.
It was clearly wrong decision; however, I cannot brame the Arthur Andersen caz I can understand the pressure of it.
Maybe this is the reason why now most of the business major student must take some kind of ethics course(s).
Ultimately I should choose integrity. "Follow The Rule"
Business is competetion so there's always somebody watching one's behind....
well, perople put more weight on importance of honesty in normal life.
It is very natural that integrity is the most important factor for business.
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