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  1. May 14, 2024 · Criminal charges over the advice McKinsey provided, or for obstructing justice, would potentially expose the firm to more damaging repercussions. Arthur Andersen offers a worst-case scenario.

  2. Aug 3, 2021 · One of the key checks on the way businesses operate is the external audit by accountants who inspect the books. In Enron's case, that was the firm of Arthur Andersen. Speaking today, Sherron ...

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  3. Aug 31, 2022 · In 2002, Arthur Andersen was convicted by a Houston jury of obstructing the government’s investigation into Enron and stopped auditing public companies on Aug. 31 of that year.

  4. Sep 19, 2024 · In addition to Enron ’s own implosion, its accounting firm, Arthur Andersen (one of the Big Five accounting firms in the United States at that time), was found guilty of destroying documents...

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  5. Jun 3, 2024 · In June 2002, Arthur Andersen LLP was found guilty of obstructing justice for shredding Enron’s financial documents.

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  6. 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.

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  8. Apr 3, 2014 · While Arthur Andersen was not implicated in directly assisting Enron in cooking its books, the company was found to have been woefully negligent in its role of overseeing and auditing Enron’s...

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