Case Study 3 – Enron, The Biggest Fraud in US HistoryThe completed assignment should be three pages long, (approximately 2000 words) using 12 pt. fonts and double spacing with one inch margins. Please follow the assigned format as exemplified at the end of this document. Each answer should be separated, numbered and the length proportionate to the number of points possible. This study is worth a total of 100 points.You must cite resources to support your decision. This will take some research on your part. The resources that you cite must be peer-reviewed resources. Websites such as wikipedia.org will not work. Law journals, published articles, white papers, published books, and dissertations are credible resources. Please do not copy and paste entire paragraphs from these resources. MLA or APA citation is required for this assignment. Visit the following websites if you need help with MLA or APA citation.https://owl.english.purdue.edu/owl/resource/560/01/https://owl.english.purdue.edu/owl/resource/747/01/Watch the docudrama “The Crooked E – The Unshredded Truth about Enron”https://www.youtube.com/watch?v=AiWKPQAWuugLinks to an external site.1. This scandal triggered the Sarbanes–Oxley Act. Explain in detail how the Sarbanes–Oxley Act may have prevented this fraud.2. Describe the participation of the agencies outside of Enron were involved with the fraud and covering up the fraudulent activities. Here is a list of those who were convicted that will give some insight on the agencies who participated in this fraud. https://www.chicagotribune.com/sns-ap-enron-trial-glance-story.html3. Describe how an IT audit uncovered evidence after the fact.4. Your thoughts: Describe how this scandal ruined lives. There are many former Enron employees who were interviewed after the downfall of Enron. Describe the impact that Enron’s bankruptcy had on the lives of three former employees. Here is one of them: https://www.businessinsider.com/10-years-later-what-happened-to-the-former-employees-of-enron-2011-12
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