The Enron Scandal was a notorious accounting scandal that led to the collapse of Enron, the seventh-largest company in the USA, due to fraudulent accounting practices and audit failures. It had far-reaching implications, including the enactment of the Sarbanes-Oxley Act of 2002.
An in-depth look into the Freddie Mac accounting scandal of 2003, where fraudulent misstatements of earnings led to significant financial and legal repercussions.
