Arthur Andersen tem paper

Demystifying Arthur Andersen :

Demystifying Arthur Andersen By Gabriel Berrios

:

Introduction Arthur Andersen Accounting Firm : Part of Big 5 -Conspiracy -Shredding of Paper -Collapse

Facts:

Facts “Arthur Andersen first accounting firm to be criminally convicted.” Overbilled clients for counseling services it provided.

The Anderson Way :

The Anderson Wa y

The Formation of Arthur Andersen:

The Formation of Arthur Andersen

The “One Firm Concept”:

The “One Firm Concept ” “ Uniform policies throughout the firm with respect to accounting principles, personal policies, office management practices, and execution of Firm-Wide programs” Idea GO Implemented through central control.

Organizational Structure:

Organizational Structure CEO, COO and CFO, Board of Directors Partners Senior Management Auditors, Counselors Danilo Rizzuti

Organizational Models:

Organizational Models

Continuation Models::

Continuation Models:

Organizational Culture:

Organizational Culture

Part 2: Organizational Culture: After integration of Auditing and Counseling :

Part 2: Organizational Culture : After integration of Auditing and Counseling

Continuation: Part 2:

Continuation: Part 2

First Hand Experience of Android Culture:

First Hand Experience of Android Culture

Chronological Order of Events:

Chronological Order of Events

Slide 15:

1993 Waste Management Incident

Continuation:

Continuation

Failures of Arthur Andersen:

Failures of Arthur Andersen Strategic Failures Institutionalization Oversight Failure

Failures of Oversight::

Failures of Oversight: Conflict of interest: - Auditor is providing counseling services to the organization it audits. Globalization: -As Arthur Andersen became more globalized it was more difficult to know whether correct audit procedures were being followed.

Organizational Structure Failure:

Organizational Structure Failure

Institutionalization:

Institutionalization

The future of Arthur Andersen:

The future of Arthur Andersen The Arthur Andersen Conviction was overturned. The scandal affected every level of society. Arthur Andersen reputation was ultimately tainted. One of the issues now is whether to only have auditing practices without tax.

Photo References:

Photo References http://upload.wikimedia.org/wikipedia/commons/4/47/ArthurAndersen.jpeg http:// www.freesound.org/searchText.php http:// www.freefoto.com/preview/13-41-57/Microscope http://www.freedigitalphotos.net/images/search.php?search=earth&cat = Idea Go is the publisher of the photo. http :// www.freedigitalphotos.net/images/Abstract_shapes_g340-Spheres_Balance_p8696.html http:// acobox.com/node/4766 http:// acobox.com/node/74009 http://acobox.com/node/247239

Reference:

Reference (1991).Civil war at Arthur Andersen. Economist Vol. 320 Stephens,D .(2002) Lies, Corruption, and Document Destruction. The Information Management Journal Toffler,B . & Reingold , J. (2003) Final Accounting: Ambition, Greed and the fall of Arthur Andersen. Broadway Books Niece, J. & Tompeter G. (2004) The Demise of Arthur Andersen’s One-Firm Concept: A case study in Corporate governance. Business and Society Review Vol. 109:2 No. 183-207