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The lack of ethics in Arthur Anderson in the Enron scandal directly led to legal issues. In 2005, in the heat of the Enron case, Arthur Anderson paid $65 million to settle a case. Not with Enron but a telecommunications company names WorldCom. The auditors at Anderson should have uncovered $11billion in accounting fraud, but did not...
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In 2005, in the heat of the Enron case, Arthur Anderson paid $65 million to settle a case. Not with Enron but a telecommunications company names WorldCom. The auditors at Anderson should have uncovered $11billion in accounting fraud, but did not. Again, Arthur Anderson was not a small family run accounting firm, but the gold standard...
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