Auditing and Accounting Cases 4th Edition by Deborah Freier,Jay Thibodeau

تمرين 1

Consult Paragraphs 7-10 of PCAOB Auditing Standard No. 12. Based on your understanding of risk assessment and the case information, identify three specific factors about Enron's business model in the late 1990s that might cause you to elevate the risk of material misstatement at Enron.