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Arthur Edward Andersen (May 30, 1885 – January 10, 1947) was an American accountant who was the founder of the accounting firm Arthur Andersen LLP (now Accenture ). [1]
For more than a half century, Arthur Andersen—cofounded as Andersen, DeLany & Co. in 1913 by Arthur E. Andersen, a young accounting professor who had a reputation for acting with integrity—was primarily an auditing firm focused on providing high-quality standardized audits.
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations.
Aug 3, 2021 · Accountancy firm Arthur Andersen saw its reputation destroyed by the Enron scandal. In the UK, there was little or no reform in response to Enron. And according to Labour peer Prem Sikka,...
Aug 31, 2022 · Arthur Andersen’s Legacy, 20 Years After Its Demise, Is Complicated. The accounting firm, which went out of business in the aftermath of the Enron scandal, remains a joke for many. Others ...
Andersen capitalized on the passage of federal income tax laws in the early decades of the twentieth century to build his business initially. He was one of the first firms to conduct an extensive college recruiting program, and he committed significant funds to ongoing education and training.
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The Enron scandal was a series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation in 2001 and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world.
