Arthur Andersen
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Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations. In 2002, the firm voluntarily surrendered its licenses to practice as Certified Public Accountants in the United States after being found guilty of criminal charges relating to the firm's handling of the auditing of Enron, an energy corporation based in Texas, which had filed for bankruptcy in 2001 and later failed. The other national accounting and consulting firms bought most of the practices of Arthur Andersen. The verdict was subsequently overturned by the Supreme Court of the United States. However, the damage to its reputation has prevented it from returning as a viable business, though it still nominally exists.
- See also: Wikipedia
- Related: Accenture, Accounting scandals, Corporate abuse, David J. Lesar, Timeline of the Enron scandal
U.S. official website U.S. official website andersen.com - Web |
Indictment of U.S. v. Arthur Andersen, LLP. Indictment of U.S. v. Arthur Andersen, LLP. news.findlaw.com/hdocs/docs/enron/usandersen030702ind.html - Web |
Supreme Court Overturns Conviction in Arthur Ander... Supreme Court Overturns Conviction in Arthur Andersen LLP, Petitioner v United States caselaw.lp.findlaw.com/.../getcase.pl?court=US&vol=000&invol=04-368&friend=usatoday#opinion1 - Web |
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Arthur Andersen and the Baptists Arthur Andersen and the Baptists www.salon.com/tech/feature/2002/02/07/arthur_andersen/ - Web |
The Legacy of Arthur Andersen The Legacy of Arthur Andersen www.amazon.com/.../B005CI650Y - Web |