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  2. Chronology of a Collapse - Behind the Enron Scandal - TIME

    Arthur Andersen legal counsel instructs workers who audit Enron's books to destroy all but the most basic documents. October 16 • Enron reports a third-quarter loss of $618 million. Moody's...

  3. Enron scandal - Wikipedia

    The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. Upon being publicized in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen – then one of the five largest audit and accountancy partnerships in the world – was effectively dissolved.

  4. Accenture - Wikipedia

    In 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide Société Coopérative (AWSC). Throughout the 1990s, there was increasing tension between Andersen Consulting and Arthur Andersen.

  5. Supreme Court overturns Arthur Andersen's Enron conviction

    The U.S. Supreme Court has overturned the obstruction of justice conviction of Enron accounting firm Arthur Andersen, ruling unanimously today that a Houston jury received flawed instructions...

  6. Andersen -- Company History

    Arthur Andersen considered incorporation as a shield for the personal assets of partners not found directly negligent. The Big Six firms also pursued legislative changes that would limit their liability. Increasing Income in the 1990s. Arthur Andersen's fee income rose steadily in the mid-1990s, as did that of the other Big Six accounting firms.

  7. What Happened at Arthur Anderson” and “Why? - GraduateWay

    Arthur Andersen, who used to be one of the “Big Five” largest accounting firms in the United States, strayed away from accepted policies and stuck in a string of accounting scandals, finally closed its doors after 90 years of business.

  8. How the Former Staff Of Arthur Andersen Is Faring Two Years ...

    How the Former Staff Of Arthur Andersen Is Faring Two Years After Its Collapse - WSJ News Corp is a global, diversified media and information services company focused on creating and...

  9. Andersen Indictment And Consequences - Forbes

    Andersen, founded in 1913, and with 85,000 employees in offices all over the world, is a more substantial enterprise than the 21,000-employee Enron ever was--despite the energy trader's mythical ...


    Arthur Andersen fired its partner in charge of auditing the Enron Corporation today, saying he had ordered the destruction of thousands of documents and e-mail messages after learning that the...

  11. Arthur Andersen LLP: Litigation Release No. 17039 / June 19, 2001

    Arthur Andersen LLP ("Andersen" or "Firm"), a national accounting firm, consented (1) to the entry of a permanent injunction enjoining it from violating section 10 (b) of the Securities Exchange Act of 1934 ("Exchange Act") and rule 10b-5 thereunder; (2) to pay a civil money penalty in the amount of $7 million; and (3) in related administrative ...

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