The Enron scandal highlights the importance of auditor independence and objectivity in ensuring fair financial reporting. The scandal, which involved manipulating accounts and lack of transparency, led to a loss of trust in auditors and the accounting profession as a whole. To prevent similar scandals, it is essential that auditors maintain their integrity, objectivity, and professional competence while performing their duties. This includes ensuring audit quality, maintaining confidentiality, and reporting fairly on financial statements. The Sarbanes-Oxley Act was enacted to regulate corporate governance and ensure greater transparency and accountability. Auditors must also adhere to the APES 110 Code of Ethics for Professional Accountants, which emphasizes independence, integrity, confidentiality, and objectivity. By taking these steps, auditors can regain public trust and maintain the integrity of financial reporting.