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Thursday, January 26, 2006

Enron's courtroom climax

As the top men behind the Enron accounting scandal finally face the might of the US justice system in court, we look at the state of the profession on the other side of the Atlantic and the cases for the prosecution and defence.

The practices of accountants and auditors are once again likely to be dragged through the metaphorical mud as the much-anticipated trial of Enron’s top two executives is scheduled to start in Houston, Texas next week.

It has taken more than four years, since Enron’s collapse, to bring its top two executives – former CEO Jeffrey Skilling and former chairman and CEO Kenneth Lay – before a jury.

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