Accounting, Payroll & Pension Issues/Arthur Anderson

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Expert: Ed McFarland - 9/9/2005


Question
HI
I'm doing research on Arthur Anderson, and i need your opinion in regards to what do you think were the common element in Arthur Anderson's approach that appeared to allow the disasters at Enron and WorldCom


Answer
They were greedy. They allowed the auditing business to be corrupted by the highly profitable consulting business.

For some better information check out www.cfo.com

CFO magazine did some in depth stories and if you search the archive they should be still around.

Good luck.

Accounting, Payroll & Pension Issues

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Ed McFarland

Expertise

Over 20 years of experience as a CFO, Controller and now Consultant to small businesses. Dealt with 401k, 403b, deferred comp plans, key man issues, disablity, business continuation plans, HSA plans and other benefit issues.

Experience

Management experience in Financial Services, Manufacturing, Media, Logistics. Taught graduate and undergraduate business courses.

Education/Credentials
MBA

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