23 Jun Enron Business Environment And The Industry. Submit An Analysis Of The Business Environment And The Industry For Your Chosen Company. Consider The Industry-Specific Challenges, Behaviors Indicative Of Fraud, And Internal Control Structure And Perform
Submit an analysis of the business environment and the industry for your chosen company. Consider the industry-specific challenges, behaviors indicative of fraud, and internal control structure and perform a financial statement analysis for your company. Include all critical elements of Section II as listed in the Final Project Document.
Specifically, the following critical elements must be addressed:
II. Business Environment and the Industry
a) What are the industry-specific challenges, such as specialization, competition, or growth, this organization is faced with? How do these
challenges relate to the company’s business environment?
b) Based on the case study, what behaviors did employees exhibit that were indicative of fraud? Describe the pressures employees faced from
management that might have led to the fraud. How could they have been avoided?
c) Assess the strengths of the organization’s internal controls. Where are the weaknesses and how might these lead to fraud?
d) How could you address these weaknesses in order to improve them? What measures could you take to ensure this would improve the
weaknesses?
e) What sorts of anomalies were contained within the financial statements or additional financial analysis? How do these anomalies relate to the
potential fraudulent activity?
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