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The KPMG tax shelter fraud scandal involved illegal U.S. tax shelters by KPMG that were exposed beginning in 2003. In early 2005, the United States member firm of KPMG International, KPMG LLP , was accused by the United States Department of Justice of fraud in marketing abusive tax shelters .
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
Eugene O'Kelly was a former Chairman and CEO of KPMG, one of the largest U. S. accounting and consulting firms and one of the Big Four auditors. Eugene was elected chairman and CEO of KPMG (U.S.) in 2002 for a term of six years. In May 2005, at age 53, Eugene was diagnosed with a terminal brain tumor. [1]
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Smallpdf is a Swiss online web-based PDF software, founded in 2013. [2] It offers free version with limited features to compress, convert and edit PDF documents. [ 3 ] And its paid version offers advanced features like OCR, compress, and more [ 4 ] .
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The Arthur Andersen story is now used in business ethics textbooks as an example of a failure of tone at the top, for emphasizing profitability over high ethical standards. [17] See also Arthur Andersen LLP v. United States and the Enron scandal.
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