The Fall of Arthur Andersen - 20 CPE hours (BUS691)
Arthur Andersen's conviction on obstruction of justice charges related to the Enron debacle spelled the abrupt end of the eighty-eight-year-old accounting firm. Until recently, the venerable firm had been regarded as the accounting profession's conscience. In Final Accounting, Barbara Ley Toffler, former partner-in-charge of Andersen's Ethics & Responsible Business Practices consulting services, reveals that the symptoms of Andersen's fatal disease were evident long before Enron. Drawing on her expertise as a social scientist and her experience as an Andersen insider, Toffler chronicles how a culture of arrogance and greed infected her company and led to enormous lapses in judgment among her peers. Final Accounting exposes the slow deterioration of values that led not only to Enron but also to the earlier financial scandals of other Andersen clients, including Sunbeam and Waste Management, and illustrates the practices that paved the way for the accounting fiascos at WorldCom and other major companies.
- All course materials provided
- No additional testing, grading or certificate fees
- No prerequisites
- Program Level: Basic
- Prerequisites: None
- Advanced Preparation: None
- Instructional Method: This program is a QAS Self Study offering.
- Field of Study: Business Management
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