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  2. 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.

  3. The Fallout of Arthur Andersen and Enron on the Legal ...

    After a six-week trial, Arthur Andersen was found guilty on June 16, 2002. The company was placed on probation for five years and was required to pay a $500,000 fine. Some analysts also questioned whether the company could survive after this series of incidents. The legacy of Enron/Arthur Andersen live on in various changes to the profession.

  4. Careers | Andersen

    Go Further at Andersen: Up-Level Your Career. At Andersen, we foster transparent and inclusive career growth for all. We’ve created an environment where you have the flexibility to develop your career at your pace by providing accessible, collaborative training and mentorship programs at every level. Read More about Career Development

  5. 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...

  6. Arthur Andersen & Co. | LinkedIn

    Arthur andersen & Co. was a premier Accounting, Tax & Business Consulting Firm with operations across the globe. AA&Co. got caught in the Enron scandal and the US regulators effectively shut the ...

  7. 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.

  8. 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...

  9. Enron: How Arthur Andersen’s contributory negligence led to ...

    Arthur Andersen may have labelled their detection risk as ‘low’ to ensure trust in the inherent and control risk. According to Lev (2002), Enron’s internal procedures indicate that due to ...

  10. Nancy Temple - Wikipedia

    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 client ...

  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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