Ernst & Young
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2 days ago · When news of widespread fraud within the company became public in October 2001, the company filed for bankruptcy and its accounting firm, Arthur Andersen —then one of the five largest audit and accountancy partnerships in the world—was effectively dissolved.
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 and...
6 days ago · The KPMG scandal bares similarities to the Enron scandal, in which Arthur Andersen (a top-tier consultancy firm) had secured lucrative non-audit consulting work from Enron. As a result, Arthur Andersen was hesitant to raise valid " Red Flags " about Enron's true financial health, as this could jeopardise their relationship and, by extension, their potential revenue.
3 days ago · Enron’s biblical collapse was due to clear conflict of interests between them and their auditor—namely that Arthur Andersen was also providing lucrative consulting services to Enron in addition to their audit function and by extension helped them cook their books.
Sep 20, 2024 · While Enron deceived investors, covered-up losses, and used increasingly complex instruments to finance itself, Arthur Andersen acted as its auditor and consultant.
Sep 10, 2024 · Arthur Andersen was an accounting firm based out of Chicago, founded in 1913. It became one of the biggest, most successful firms in the United States. Andersen & Co had lines of business in accounting, as well as a consulting practice.
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Sep 14, 2024 · Career progress: Joined Arthur Andersen in 1989 and progressed through the company to become Tax Partner in 1998. Special projects: Tax adviser to many of the leading financial institutions operating in Ireland including many IFSC and Irish based leasing companies.
