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Introduction • arthur Hans Christian Andersen, founded as A partnership in 1913, became one of the premier account firms of the late twentieth hundred, boasting a virile reputation for tireless audit and account work.
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Below are the first details of the case, a tragic tale: the dying of arthur Hans Christian Andersen in january 2002, there were cardinal major public account statement firms: arthur Hans Christian Andersen, deloitte touche, kpmg, waterhouse's, and Max Ernst & young.
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What did Arthur Andersen do for a living?
Andersen, who headed the firm until his death in 1947, was a zealous supporter of high standards in the accounting industry. A stickler for honesty, he argued that accountants’ responsibility was to investors, not their clients’ management.
What was the outcome of the Arthur Anderson case?
The other national accounting and consulting firms bought most of the practices of Arthur Andersen. Although the verdict was subsequently overturned by the Supreme Court of the United States, it has not returned as a viable business.
When did Arthur Anderson split from Andersen Worldwide?
The former consultancy arm of the firm, now known as Accenture, which had split from the accountancy side in 1987 and renamed themselves after splitting from Andersen Worldwide in 2000, continues to operate and has become one of the largest multinational corporations in the world.
When did Arthur Andersen become an accounting firm?
Arthur Andersen, established in 1913 became one of the most coveted and prestigious accounting firms in the world and a part of the “Big Five”. Despite this success, Arthur Anderson was also a part of one of the largest fraud scandals in history.
Last Update: Oct 2021
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