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Business Research Ethics
RES/351 Business Research

Business Research Ethics
The trust instilled in a company that is being considered to provide support is immense. There are key factors that a company looks for when choosing. These factors could include integrity, reliability, honesty, responsibility, and prestige just to name a few. Enron and Arthur Andersen auditors had such a partnership where Arthur Andersen auditors provided accounting support. There were unethical practices that lead to the collapse of both companies.
Arthur Andersen Auditors Arthur Andersen the founder of the company began his career at a young age. Mr. Andersen first partnered with another accountant to build an accounting firm. This partnership only lasted a few years. After the slip Mr. Andersen made it his mission to have his company do extremely well while having integrity in the accounting field. The company was taken internationally around the 1950’s. These years were very profitable for the company. There were known internationally and became very credible. In 1986 Arthur Andersen auditors began business with Enron.
Enron
Arthur Andersen auditors provided Enron with internal and external auditing for the business. Enron had a sizeable debt when it opens for business. The plans for the company was to purchase gas put it in a bank and then sell it to consumers. This was working well, however the debt was still noticeable. The problems arose when Enron began to lie on transactions and Arthur Andersen auditors looked the other way. There was important information being left out of reports. This was the beginning of the unethical behaviors by the companies.
Downfall
Derek Claybrook worked on preparing the audit papers for Enron is various occasions. The reports stated certain things but there was no mention of the party transactions. Mr. Claybrook was charged with not

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