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#arthurandersen — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #arthurandersen, aggregated by home.social.

  1. CW: Long thread/15

    Crooked auditors were at the center of the #GreatFinancialCrisis, too:

    francinemckenna.com/2009/12/07

    And of course, crooked auditors were behind the #Enron fraud, a rare instance in which a fraud triggered a serious attempt to prevent future crimes, including the destruction of accounting giant #ArthurAndersen. After Enron, Congress passed #SarbanesOxley (#SOX), which created a new oversight board called the #PublicCompanyAccountingOversightBoard (#PCAOB).

    15/

  2. CW: Long thread/15

    Crooked auditors were at the center of the #GreatFinancialCrisis, too:

    francinemckenna.com/2009/12/07

    And of course, crooked auditors were behind the #Enron fraud, a rare instance in which a fraud triggered a serious attempt to prevent future crimes, including the destruction of accounting giant #ArthurAndersen. After Enron, Congress passed #SarbanesOxley (#SOX), which created a new oversight board called the #PublicCompanyAccountingOversightBoard (#PCAOB).

    15/

  3. CW: Long thread/15

    Crooked auditors were at the center of the #GreatFinancialCrisis, too:

    francinemckenna.com/2009/12/07

    And of course, crooked auditors were behind the #Enron fraud, a rare instance in which a fraud triggered a serious attempt to prevent future crimes, including the destruction of accounting giant #ArthurAndersen. After Enron, Congress passed #SarbanesOxley (#SOX), which created a new oversight board called the #PublicCompanyAccountingOversightBoard (#PCAOB).

    15/

  4. CW: Long thread/15

    Crooked auditors were at the center of the #GreatFinancialCrisis, too:

    francinemckenna.com/2009/12/07

    And of course, crooked auditors were behind the #Enron fraud, a rare instance in which a fraud triggered a serious attempt to prevent future crimes, including the destruction of accounting giant #ArthurAndersen. After Enron, Congress passed #SarbanesOxley (#SOX), which created a new oversight board called the #PublicCompanyAccountingOversightBoard (#PCAOB).

    15/

  5. CW: Long thread/15

    Crooked auditors were at the center of the #GreatFinancialCrisis, too:

    francinemckenna.com/2009/12/07

    And of course, crooked auditors were behind the #Enron fraud, a rare instance in which a fraud triggered a serious attempt to prevent future crimes, including the destruction of accounting giant #ArthurAndersen. After Enron, Congress passed #SarbanesOxley (#SOX), which created a new oversight board called the #PublicCompanyAccountingOversightBoard (#PCAOB).

    15/

  6. CW: Long thread/4

    The work of these "consultants" is worth far more than the accounting and auditing jobs the companies do, and the weaker the audits are, the more profitable the consulting is:

    pluralistic.net/2021/06/04/aar

    This crisis has been a long time brewing. Back in 2001, the accounting/consulting giant #ArthurAndersen was at the center of Enron's fraud, which lit $11B in shareholder capital on fire.

    4/

  7. CW: Long thread/4

    The work of these "consultants" is worth far more than the accounting and auditing jobs the companies do, and the weaker the audits are, the more profitable the consulting is:

    pluralistic.net/2021/06/04/aar

    This crisis has been a long time brewing. Back in 2001, the accounting/consulting giant #ArthurAndersen was at the center of Enron's fraud, which lit $11B in shareholder capital on fire.

    4/

  8. CW: Long thread/4

    The work of these "consultants" is worth far more than the accounting and auditing jobs the companies do, and the weaker the audits are, the more profitable the consulting is:

    pluralistic.net/2021/06/04/aar

    This crisis has been a long time brewing. Back in 2001, the accounting/consulting giant #ArthurAndersen was at the center of Enron's fraud, which lit $11B in shareholder capital on fire.

    4/

  9. CW: Long thread/4

    The work of these "consultants" is worth far more than the accounting and auditing jobs the companies do, and the weaker the audits are, the more profitable the consulting is:

    pluralistic.net/2021/06/04/aar

    This crisis has been a long time brewing. Back in 2001, the accounting/consulting giant #ArthurAndersen was at the center of Enron's fraud, which lit $11B in shareholder capital on fire.

    4/

  10. CW: Long thread/4

    The work of these "consultants" is worth far more than the accounting and auditing jobs the companies do, and the weaker the audits are, the more profitable the consulting is:

    pluralistic.net/2021/06/04/aar

    This crisis has been a long time brewing. Back in 2001, the accounting/consulting giant #ArthurAndersen was at the center of Enron's fraud, which lit $11B in shareholder capital on fire.

    4/