It is well known that the United Statespossesses relatively developed accountingstandards and professional accounting system.Moreover, the accounting information of Enronhas long been audited by Arthur Andersen, oneof...It is well known that the United Statespossesses relatively developed accountingstandards and professional accounting system.Moreover, the accounting information of Enronhas long been audited by Arthur Andersen, oneof Big Five. Enron’s bankruptcy has resulted inthe unprecedented confidence crisis against BigFive, and triggered large-scale dispute andreconsideration on accounting and auditingissues. The article discusses auditor liability andaudit quality.展开更多
文摘It is well known that the United Statespossesses relatively developed accountingstandards and professional accounting system.Moreover, the accounting information of Enronhas long been audited by Arthur Andersen, oneof Big Five. Enron’s bankruptcy has resulted inthe unprecedented confidence crisis against BigFive, and triggered large-scale dispute andreconsideration on accounting and auditingissues. The article discusses auditor liability andaudit quality.
