Arthur Andersen in the Enron Case,에론,Enron

_SLIDE_1_ Arthur Andersen in theEnron Case _SLIDE_2_ Contents Introduction of Arthur Andersen Arthur Andersen in Enron Case Consequences of Enron Case Lessons from Enron Case _SLIDE_3_ Introduction of Arthur Andersen One of “Big Five” Accounting Firms Founded by Arthur Andersen, 1913 Supporter of Integrity of independent audits ↑Reputation for honesty, integrity, ethics _SLIDE_4_ Introduction of Arthur Andersen As time passed, change in Philosophy Increased focus on: Consulting wing Growth- capturing many big clients Maximizing Profits Guilty verdict of obstruction of justice → Collapse in June 2002 _SLIDE_5_ Enron Case Arthur Andersen was Enron’s accounting firm Enron’s bankruptcy raised questions about its financial statements U.S. Justice Department conducted criminal investigation Andersen convicted of shredding Enron audits “Enron robbed the bank, Andersen provided the getaway car.” Rep. Jim Greenwood _SLIDE_6_ Andersen and Enron - Relationship Enro…
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