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Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations.
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.
15 years after Arthur Andersen and four years after initiating our global expansion, it is clear that our vision of becoming the firm known for the quality of its services is becoming a reality.
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...
May 7, 2024 · 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.
Arthur Andersen was once the world’s largest and most respected accounting and consulting firm, the first firm people thought of when they heard the words “Big Eight,” “Big Six,” and then “Big Five.” In many ways, Andersen created a community – a professional community that was at one time over 85,000 people strong in 80 countries.
Arthur E. Andersen. Arthur Andersen and Company. 1913–1947. Industry: Services. Era: 1910. Andersen built a small auditing firm into one of the largest accounting consultancy operations in the world. Andersen capitalized on the passage of federal income tax laws in the early decades of the twentieth century to build his business initially.
