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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. 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).
Arthur Andersen LLP v. United States, 544 U.S. 696 (2005), was a United States Supreme Court case in which the Court unanimously overturned accounting firm Arthur Andersen's conviction of obstruction of justice in the fraudulent activities and subsequent collapse of Enron.
Enron logo. The Enron scandal was an accounting scandal sparked by American energy company Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, which led to the dissolution of its accounting firm, Arthur Andersen, previously one of the five largest in the world.
[3]: 237–238 KPMG had inherited the WorldCom account when it bought Arthur Andersen's Jackson practice in the wake of Andersen's indictment for its role in the accounting scandal at Enron. [3]: 229 By this time, the internal audit team had found 28 prepaid capacity entries dating back to the second quarter of 2001. By their calculations, if ...
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Those piers are important because any structural failure in them – especially in the centre – means that the whole bridge would collapse. But those protections only go so far.
Nancy Temple, second from the left, testifies with other Arthur Andersen witnesses on January 24, 2002. Nancy Anne Temple is an attorney specializing in accounting liability . She was the in-house attorney for Arthur Andersen , who advised Michael Odom and David B. Duncan about Arthur Andersen policies regarding retention of documents from ...
Andersen told Us that given “all that is happening with the royal family at the moment,” it’s unlikely that “the Middletons’ business setbacks” are sparking concern.