1 Auditing issues in Enron case Independent Needed for the Houston office of Andersen, an audit partner that understands the role of being a "public watchdog" with "ultimate allegiance to the creditors and shareholders" . Arthur Anderson abandoned its roles as independent auditor by turning a blind eye to improper accounting, including the failure to consolidate, failure of Enron to make $51million in proposed adjustments in 1997, and failure to adequately disclose the nature of transactions with subsidiaries . …showed first 75 words of 2178 total…

…showed last 75 words of 2178 total…Kyle Oliver, 'Corporate Collapse-Accounting, Regulatory and Ethical Failure' Second Edition (Cambridge University Press 2003) <Tab/>Gurdarshan S.Gill, Graham Cosserat, Philomena Leung, Paul Coram, 'Modern Auditing & Assurance Services' John Wiley & Sons Australia, Ltd <Tab/>Tran M, 'Enron Scandal' 31 January 2002, Guardian Newspapers Limited <Tab/>Carney D, 'Enron: The Morticians Move in' 21 January 2002 McGraw Hill Companies - Business Week