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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.
For more than a half century, Arthur Andersen—cofounded as Andersen, DeLany & Co. in 1913 by Arthur E. Andersen, a young accounting professor who had a reputation for acting with integrity—was primarily an auditing firm focused on providing high-quality standardized audits.
Aug 31, 2022 · Arthur Andersen’s Legacy, 20 Years After Its Demise, Is Complicated. The accounting firm, which went out of business in the aftermath of the Enron scandal, remains a joke for many. Others cherish...
Andersen in the U.S. was founded in 2002 by 23 former Arthur Andersen partners under the name WTAS. On September 2, 2014 WTAS announced it had acquired the rights to the iconic brand name Andersen and would rename itself Andersen Tax. In 2019, Andersen Tax became Andersen.
The Enron scandal was a series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation in 2001 and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world.
Oct 26, 2021 · The Andersen Effect gets its name from the former Chicago-based accounting firm Arthur Andersen LLP and its connection to what became known as the Enron scandal.
Arthur Andersen was once the world’s largest and most respected accounting and consulting firm, the first firm people thought of when they heard the words “Big Eight,” “Big Six,” and then “Big Five.” In many ways, Andersen created a community – a professional community that was at one time over 85,000 people strong in 80 countries.
