"Arthur Andersen" Essays and Research Papers

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Arthur Andersen

Arthur Andersen The name Arthur Andersen is a very well known name among households in the world today. At one time, the reputation of Arthur Andersen was very positive. However, the risky and unethical decisions that were made over the ending years by top management, gave Arthur Andersen a famous name with not such a positive reputation. Arthur Andersen became involved in many scandals with the largest being that of Enron Incorporated. Poor decision making by upper management and issues with...

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Arthur Andersen

1.  For nearly 90 years, Andersen had a culture of doing the right thing.  Moral courage defined the organization.  However, there was a gradual erosion of the culture. Name three cultural changes that contributed to Andersen’s problems and defend your position. The first cultural change was that Andersen embarked on a path that valued consulting service which charged hefty fees ahead of auditing in 1990s. Compared to its original major service, auditing that required accountants to insist independence...

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Case Study of Arthur Andersen

Business Ethics Decision-Making Cases Write-ups Arthur Andersen: Questionable Accounting Practices Name: Wen Jiangshan Student ID:2011008274 Part I. Summary of the case Case 2 mainly introduces how 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. The firm’s name was synonymous with...

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Arthur Andersen Llp

1. For many years, strategy and environment of Arthur Andersen changed especially with regards to the materials.  The management of Andersen’s businesses reacted to the changing environment by making the related changes to the organizational architectures such as performance evaluation, decision right and reward systems. In the book, it is revealed that poorly designed organizations architecture in response to the changing environment in term of material can result into company’s underperformance...

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Arthur Andersen: Questionable Accounting Practices

Arthur Andersen: Questionable Accounting Practices Arthur Andersen LLP was founded in Chicago in 1913 by Arthur Andersen and partner Clarence DeLany. After 90 years of hard work, this accounting firm we become known as one of the Big Five largest accounting firms in the United States. Andersen set standards for the accounting profession and advanced new initiatives on the strength of its then undeniable integrity. By the 1980s, standards throughout the industry fell as accountancy firms struggled...

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Rise & Fall of Arthur Andersen, LLP

 March 4, 2014 Rise & Fall of Arthur Andersen, LLP Abstract Enron was a natural gas company that was formed in 1985 by Kenneth Lay. By 1992, Enron was the largest selling company of natural gas in North America. In October 2001 a scandal involving Enron was emerging. This scandal led to the fall of the company. The Enron case and many others cases led to the collapse of other companies that did business with them which included one...

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Management Planning Paper on Arthur Andersen

Running head: Management Planning Paper on Arthur Andersen Management Planning Paper on Arthur Andersen In 1913, the company Arthur Andersen started by Arthur Andersen and Clarence Delany by the name of Andersen, Delany, & Co. In 1918, it was given the name Arthur Andersen & Co. The company supplied tax, consulting services and auditing for the large business, and itself had a position in the "Big Five" accounting firms. In 2002, this firm was found guilty for auditing an energy corporation...

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Arthur Andersen: Questionable Accounting Practices 3

Arthur Andersen: Questionable Accounting Practices 1. Describe the legal and ethical issues surrounding Andersen's auditing of companies accused of accounting improprieties. The legal issues that surrounded Andersen's audition were that there was conflict of interest and there was lack of independence on the part of Andersen. In this context, Andersen took up lucrative management consultancy projects for the clients of whom it was the auditor. From the deontological ethical perspective...

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Arthur Andersen: Failure to Report Accurately

questions about the viability of these contracts and their associated costs. Author Andersen provided both consulting and auditing services which created an inherent conflict of interest. On one hand, Andersen was auditing an Enron financial recording system and strategy based for the most part on the advice of its own consultants. Evidence eventually surfaced that some internal conflicts had arisen within Andersen about some of the “aggressive” accounting practices introduces by the Chief Financial...

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The Impact of Management Planning on the Demise of Arthur Andersen

the Demise of Arthur Andersen The planning function of management is critical to the success of any organization. Innovative ideas, perfect products, and highly skilled employees fail to become assets if no plans are in place for how these assets will be used to achieve the organization’s goals. In the case of the once, highly successful accounting firm, Arthur Andersen, management’s failure to plan effectively for crises led to its demise. Management Planning at Arthur Andersen In today’s business...

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